Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee recommends moving November 2024 storm cleanup costs from capital back to operations
Summary
Finance committee recommended that the board de-obligate $228,131 from the Roads capital project (GL 8004) and $251,424 from SURF (GL 8003), and reclassify the November 2024 storm cleanup expenses to the operating fund for the fiscal year in which costs were incurred.
The Sudden Valley Community Association Finance Committee recommended that the board of directors de-obligate two capital project amounts tied to the November 2024 storm cleanup and reclassify the expenses to operations for the fiscal year in which they were incurred.
Committee discussion traced the spending recorded to GL 8004 (Roads) and GL 8003 (SURF). Joel, finance staff, reviewed the capital project and financial statements and showed…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
