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Lake County finance staff outline funding options, supplementals and a Dec. 30 vote tied to courthouse work
Summary
County finance and program staff reviewed existing funding (COP $8M, USDA $3.4M pending extension, $500k underfunded courts grant with a $1.5M local match), described invoice and supplemental requests, and said board will consider supplements and a resolution cleanup at a special meeting on the 30th.
County finance and program staff told the Lake County Board of County Commissioners they will present supplemental budget actions and a resolution amendment for the board to consider at a special meeting on the 30th to support ongoing courthouse renovation work and related matters.
Staff reported current funding sources and constraints: a Certificate of Participation (COP) of roughly $8 million has been issued and is available, a USDA award of $3.4 million is awaiting an extension letter, and the county…
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