Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Hammond CIB reports $497,000 unallocated; $122,000 in tonight's requested allocations
Summary
Controller Megan Moore told the Hammond Capital Improvement Board that about $122,000 in allocations were on the agenda and the board's unallocated balance stood at roughly $497,000; staff said an incoming gaming distribution expected in July will update the third-quarter budget.
Controller Megan Moore told the Hammond Capital Improvement Board on June 16, 2025, that the board had about $122,000 in proposed allocations on the agenda and about $497,000 unallocated in its capital-improvement fund.
Moore said the $122,000 figure reflects the allocations before the board that evening and that the unallocated amount “leaves us with about $497,000 unallocated.” She added that the board expects an allocation from the city's June gaming distribution in July that will be reflected in the next quarterly budget report.
The update was presented at the start of new business and followed routine approvals. Moore said the figure did not yet include accounts receivable such as grants or matching funds. The board did not take further action on the balance at the meeting; voting that evening addressed individual funding requests brought forward from staff.
