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Council approves $675,000 road-fund transfer and supplemental spending for asphalt and concrete contracts
Summary
Council approved a $675,000 transfer from the major road fund to the local road fund to cover additional asphalt and concrete projects, and later approved supplemental spending authorities for the city's asphalt and concrete vendors (an additional $425,000 and $250,000, respectively). Staff said the transfer is a net-zero shift across funds and annual practice.
The Taylor City Council on April 7 approved a budget amendment that transfers $675,000 from the city's major road fund to its local road fund to cover additional asphalt and concrete projects, and later approved supplemental spending authority for two existing road contractors.
City staff member Jason explained the amendment as a fund-to-fund transfer: "between the two funds it's a net zero," he said, adding that the state allows transfers from major to local road…
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