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Board approves transfer of unassigned fund balance to Capital Investment Fund; ARP capacity designation kept separate
Summary
Following a staff recommendation, Cumberland County commissioners approved transferring approximately $15.6 million from the general fund unassigned balance to the Capital Investment Fund and designated a separate ARP 'freedom capacity' balance as assigned for tracking through December 2026.
The Cumberland County Board of Commissioners approved a staff recommendation to transfer $15,600,006.49 from the general fund unassigned fund balance to the Capital Investment Fund and to reclassify a portion of American Rescue Plan (ARP) funds as an assigned 'ARP freedom capacity' balance.
Robin Coos, county finance staff, explained that the county’s combined general‑fund unassigned balance was…
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