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Commissioners approve $331,000 project budget cleanup for Toll Road Authority
Summary
A year-end cleanup moved roughly $331,000 in unbudgeted project funds within the Toll Road Authority so project budgets match cash balances; the action had no impact on active projects, the presenting staff said.
The Collin County Commissioner's Court approved a budget amendment to move about $331,000 in unbudgeted project funds so that project budgets within the Toll Road Authority match actual cash balances.
County staff described the action as a year-end cleanup with no impact on active projects. The largest portion of the amount is being moved to a bond fund project where staff said it belongs. The court voted 3-0 to approve the amendment.
"This item actually originated in my office as part of our year end cleanup as we're going ahead moving through making sure that the project budget matches the available funds in the Toll Road Authority," presenting staff said. The presenter told the court that the change does not affect active projects.
The court approved the item with no recorded objections.
