Commissioners move leftover ETR project funds into Emergency Transportation Revolving Fund
Summary
The board approved a transfer of residual ETR project funds into the Emergency Transportation Revolving Fund, with commissioners saying the funds were not needed for the original project and will be paid back to ODOT.
Commissioner Kirk Butler explained that residual funds left in the ETR (Emergency Transportation Revolving) project account were not required for the original project and would be returned to the Oklahoma Department of Transportation. Vice Chairman Rhet Johnson moved to transfer the funds into the county's Emergency Transportation Revolving Fund; Butler seconded and the motion passed with a unanimous vote.
The minutes state the transfer is intended to reconcile residual project funds and to ensure repayment procedures to ODOT are followed. No dollar amount for the transfer was recorded in the minutes.
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