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Greene County establishes two funds to hold $7.5 million in state capital grants for Hilltop oil‑field development
Summary
The board approved creation of funds 5547 and 5548 to hold two state capital grants—$5,000,000 and $2,500,000—earmarked for Hilltop oil‑field development.
The Greene County Board of Commissioners on March 6 established two new county funds to hold capital grants from the state directed to Hilltop oil‑field development.
County staff identified the new fund numbers as 5547 and 5548. One fund will hold a $5,000,000 capital grant and the other will hold a $2,500,000 capital grant for the Hilltop oil‑field development project, according to the staff report read into the record.
There was no extended discussion recorded about specific project expenditures. The board moved and approved creation of the two funds during the meeting; no votes against or abstentions were recorded in the transcript excerpt.
The county will place the grants into the new funds and allocate the money across applicable budget lines as project needs are defined.
