Administrator says reserve study draft forwarded to chiefs; funds split planned
Administrator Holliday told the board the reserve study draft and supporting data were sent to both chiefs for review; the study will be divided into Fund 716 (capital) and Fund 717 (building) with a finalized version expected soon.
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Administrator Holliday reported the most recent draft of the SSD reserve study and supporting financial data have been forwarded to both chiefs for review and confirmation. She said the reserve study will be separated into two funds: Fund 716 for capital items and Fund 717 for building items, and that a finalized version is expected in the near future.
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