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Fletcher Council assigns small park-development reserve, commits $185,300 for sidewalks and greenways
Summary
At its FY24 closeout meeting, Fletcher Town officials approved a small assignment to the Future Park Development fund, recorded a planning-board fee-in-lieu payment of $165,400, and voted to commit $185,300 from fund balance for sidewalks and greenways.
Fletcher — The Fletcher Town Council closed out fiscal year 2024 by approving several fund-balance designations and committing money for sidewalks and greenways.
Assistant manager presented the town’s year-end fund-balance items and said there were no budget amendments. She reported the prior-year ending balance for the Future Park Development fund as $25,200 and described recent receipts to be assigned to that fund, including proceeds from the town’s golf tournament and a $200 donation. The assistant manager stated a total assignment to the Future Park Development fund for FY24 of $3,264; council then moved and voted to approve the assignment.
The presentation also noted a…
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