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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 used as the operational checkbook), the Local Transportation Authority half-cent sales tax, and RMRA (the newer state RMRA funds from 2017). Staff said HUDA had a negative balance of about $1.8 million before the transfer and that rolling $5 million back to HUDA would restore a positive balance of roughly $3 million (not including expected allocations arriving later in the fiscal year).
Staff said the transfer is an accounting/intrafund adjustment to pay invoices and avoid negative interest charges; they presented projected additional receipts through June 30 and said materials purchased last year (about $4 million) remain available to accelerate paving work. The presentation listed current RMRA and LTA balances and projected near-term receipts.
The motion to approve the budget-amendment resolution (item 16, described as resolution number 20425118 in the agenda backup) passed; the motion on the floor was moved by Supervisor Jesus Eduardo Escobar and seconded by Supervisor Ryan Elliott Kelly and was carried by recorded vote.
Ending: The transfer restores HUDA’s positive balance and positions the county to begin paving operations; staff said they will continue to update the board and engage community groups as required by SB1 outreach rules for project listings.
