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Commission reviews budget summary; staff outlines park dedication vs. park fund rules
Summary
Staff provided a budget snapshot showing about $1.1 million in park assets; commissioners reviewed the difference between the park dedication fund (for new park land/features) and the park fund (general park budget) and discussed prioritizing smaller projects after master-plan approvals.
Commission staff provided commissioners with a monthly budget snapshot showing roughly $1,100,000 in combined park account assets and explained how the city separates park dedication funds from the general park fund.
Staff said the spreadsheet in the packet reflected current balances but not percentages (the city’s audit is ongoing). Commissioners and staff discussed two separate funds: the park…
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