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Committee creates capital reserve accounts, identifies $364,000 in prior reimbursements for school CIP

Northumberland County Joint Finance Committee · April 1, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff created separate accounts to hold school CIP funds and prior-year reimbursements; the committee identified $364,000 from 2023–2024 reimbursements and discussed earmarking it for the NES playground.

Ms. Dodson told the Joint Finance Committee on March 26 that two new accounts have been created: one to hold School Division CIP funds and the other to hold prior-year reimbursements. The Treasurer will route identified reimbursements into the…

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