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Aldermen assign FY24 local option tax proceeds to DPW paving, guardrails, concrete and capital reserve
2142009 · January 22, 2025
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Summary
The board approved four motions assigning FY24 1% option tax revenue to Department of Public Works projects and the capital reserve fund: $300,000 for paving, $25,000 for guardrails, $65,000 for concrete/precast, and up to $350,000 of remaining balance to the capital reserve.
The Rutland City Board of Aldermen voted Jan. 21 to allocate FY24 local option (1%) tax proceeds to specific Department of Public Works needs and to the city capital reserve fund.
Motions approved by voice vote assigned $300,000 of FY24 option tax revenue to…
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