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Committee requests briefing on $1.3 million license search charge fund
Summary
Members asked staff to report back to the committee on the status and oversight of the license search charge fund, which currently shows a balance of about $1.3 million; staff said easement coordination issues with Jackson County and a land trust have been resolved and design work is resuming.
A committee member alerted the Street Improvement Oversight Committee to the license search charge—an earmarked fund the committee has oversight of—and noted the general ledger shows a balance of roughly $1.3 million. Members asked for an update and for staff to prepare a short briefing at the next meeting describing activity, interest income and any planned appropriations.
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