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Prescott Valley CFD board reallocates $385,300 for entertainment center HVAC upgrades
Summary
The Prescott Valley Community Facilities District Board approved a $385,300 budget reallocation on Jan. 9, 2025, to fund deferred HVAC maintenance at the town entertainment center; the move was described by staff as a reallocation of savings that does not change the overall budget.
The Prescott Valley Community Facilities District Board on Jan. 9, 2025, approved a budget amendment reallocating $385,300 to pay for deferred HVAC maintenance and related building repairs at the town entertainment center.
The reallocation was presented by Mr. Newsome, who told the board that the funds come from savings and would be used for additional HVAC upgrades and improvements. "We would like to reallocate it to more HVAC upgrades and improvements," Mr. Newsome said.
Board members asked…
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