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Marin supervisors allocate $2.4 million in year‑end funds to affordable housing trust
Summary
The Board of Supervisors approved transferring $2.4 million of unassigned general fund balance to the Marin County Affordable Housing Trust, increasing the trust's non‑committed balance to about $10.1 million.
The Marin County Board of Supervisors on March 4 approved allocating $2,400,000 of unassigned year‑end general fund balance to the county’s Affordable Housing Trust.
The transfer was presented by Josh Wedberg of the County Executive’s Office, who said it is part of standard budget practice to dedicate one‑time revenues to one‑time purposes. Wedberg told the board that the trust currently had roughly $7.7 million in…
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