My local cong just donated all money (4K +) on deposit with you know who to, you know who.
"Since the society forgave all kingdom hall loans the boe felt it only appropriate to forgive the society of our loan to them." is exactly how it was presented to the R&F. 1st and seconded and passed... bam over with in less than 2 min.
We were told years ago when the money we had in the savings was moved to the society not to worry, that it would be still like a savings account we could access at any time to cover our bills on short months or spend on upgrades to the hall. Our hall has been paid off for years (no money borrowed from wts) and we never borrowed any money for the last 2 remodels (around 30 years). We are obligated now to a monthly KH fund expense of $500 when the average donation per month before the "arrangement" was around $75.
Not that I am surprised, just that predictions on this site usually come true contrary to the dismal record of "you know who!"