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Cowlitz County public works outlines $40 million roads budget and major summer projects to draw down fund balance
Summary
Public works staff presented a roads budget with a roughly $16.3 million beginning fund balance, $11.9 million in anticipated grants and a capital program that could reduce the fund to about $9.4 million depending on whether locally matched projects move forward.
Cowlitz County public works staff told commissioners Thursday they plan a roughly $40 million roads budget for the coming period, highlighted by major capital projects intended to draw down a high fund balance carried since 2017.
Sean (finance manager) and county engineers presented preliminary figures showing an estimated beginning fund balance of about $16.3 million and anticipated operating revenue of about $16.65 million. Grants—state, federal and other sources…
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