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Public Building Commission reports $258.7 million net position; sales tax funds most PBC projects
2242930 · February 6, 2025
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Summary
Becky Jones presented semiannual financial statements showing a PBC net position of $258.7 million, with 78% of financed buildings tied to public safety projects supported by a sales tax and the remainder funded by countywide revenues, library and transit.
Becky Jones of Financial Management and Administration presented the Public Building Commission’s semiannual financial reports on Feb. 6, outlining the statement of net position and the statement of revenues, expenses and changes in fund net position for the period ending Dec. 30, 2024.
Jones said the PBC’s net position is…
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