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Sutter Butte Flood Control Agency reports $18.8 million in working capital, sets May preliminary budget presentation
Summary
At its regular meeting the Sutter Butte Flood Control Agency received a monthly financial report showing roughly $18.8 million in working capital, discussed pending state reimbursements and refinancing plans, and scheduled a preliminary budget presentation for May 13 with final adoption targeted in June.
The Sutter Butte Flood Control Agency on Thursday received its monthly financial report showing an ending working capital balance of about $18.8 million and noted roughly $19.8 million in pending receipts.
Shawn, the agency finance staff who presented the report, said the agency recorded assessment revenue from Sutter County of $750,000 that was applied to the operating fund and that the agency had received about $6.9 million through the end of January and about $10.4 million to date, with an…
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