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Finance director opens solicitation for 2025 rural public facilities development funds; recommends conservative award cap

2167257 · January 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff said the county expects roughly $3 million in rural public facilities development receipts for 2025 with a beginning fund balance around $1.6 million, and recommended limiting awards to about $3.2 million to preserve reserves pending final receipts; the board authorized staff to solicit applications.

Cathy Funk Baxter, the county finance director, asked permission to open the 2025 solicitation for rural public facilities development funds. Baxter said the program is a portion of state sales tax returned to qualifying rural counties for public infrastructure and economic development projects.

Baxter said the county…

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