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Douglas County authorizes $20 million transfer to CIP, approves year-end transfers and reserves
Summary
On Feb. 4 the Douglas County Commission approved year-end transfers including a $20 million transfer from the debt service fund into the capital improvement plan (CIP) fund to cover construction pay applications, and approved smaller transfers totaling $345,000 for equipment, grants and reserves (Resolution 26-05).
The Douglas County Commission on Feb. 4 approved year-end transfers including a $20 million transfer from the county’s debt service fund into the capital improvement plan (CIP) fund to support ongoing construction and capital projects.
Brooke, presenting finance staff’s year-end analysis, said the county had an estimated $1,860,000 revenue surplus for 2025 driven largely by investment income (about $1,440,000 above projections) and higher sales-tax collections (about $617,000). She said the county spent nearly $46,000,000 on…
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