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Board approves $5 million transfer from RMRA to HUDA account to stabilize road fund cash flow
Summary
The Board approved a $5 million intra-fund transfer from the RMRA account into the county’s HUDA (old gas tax) fund to restore a positive cash balance and cover ongoing invoices for road work.
The Imperial County Board of Supervisors on March 18 approved a budget amendment to transfer $5,000,000 from the Road Maintenance and Rehabilitation Account (RMRA) into the county’s HUDA account (local gas-tax legacy fund) to cover recent expenditures and restore a positive cash balance for ongoing road projects.
Public-works staff explained the county maintains three primary road funds: HUDA (legacy gas-tax receipts…
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