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Finance committee reviews budget amendment reallocating bond proceeds to Givens Park, funding Marina pump station and sewer controls
Summary
Staff told the committee a mid‑year budget amendment would reallocate roughly $350,000 of bond proceeds to Givens Park, bring state loan closeout funds to complete the Marina pump station, and add sewer control contract funding timed with a council contract vote that evening.
Noah Crocker, finance director, briefed the Port Orchard Finance Committee on June 17 about a budget amendment the city will present to the council that night. Crocker said the amendment primarily reflects closing out the 2024 fiscal year and reallocating existing funding: "I believe we are sitting on 500,000 of bond proceeds. So I'm reallocating roughly 350,000, leaving roughly a 150,000 to settle all account remaining bills and contracts outstanding," he said.
The amendment adjusts beginning fund balances, updates the salary table exhibit to reflect recent contract changes and…
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