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Region 9 panel's recalculation frees about $500,000 for future transportation programming, supervisor says
Summary
A supervisor reported that a calculation error was corrected in the Region 9 Transportation Policy Committee accounting, returning roughly $500,000 in funds to the region for programming in upcoming fiscal years.
A Muscatine County supervisor told the board Monday that the Region 9 Transportation Policy Committee corrected a calculation error that freed roughly $500,000 in previously unallocated funds, which will be available for programming in future fiscal years.
The supervisor said the technical committee will review how to program the returned funds. "They had made a mistake in the calculation, so we have about $500,000 more than we thought we did, from previous years give back," he said.
Why it matters: The returned funds increase the pool of regional transportation dollars available for programming and projects; the technical committee will consider allocation in its next programming cycle.
No formal county action was taken at the meeting; the supervisor reported the update as correspondence from the Region 9 Transportation Policy Committee.
