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Riverdale Park council moves $18,500 from social concerns to economic development fund to keep money available
Summary
Facing an $18,500 remainder in the FY25 undesignated social-concerns line, the council voted 6–0 to transfer the funds into the economic development fund to preserve them across the fiscal-year boundary; staff said the move would allow consideration for a farmers-market incentive or other uses in FY26.
The Riverdale Park Mayor and Council voted June 16 to transfer $18,500 remaining in the FY25 undesignated social concerns line item (88-28) into the town’s economic development fund so the money would remain available after the fiscal year ended.
Council members debated how best to use the undesignated funds, with options ranging from making a prompt one-off allocation to holding the funds for a formal grant request process or RFP in the next fiscal year. Council member Smith proposed the transfer to keep the funds “in play” and allow staff time to design a program—citing the farmers-market-dollar program as one potential use. Staff confirmed funds could be moved to the economic development fund only with council authorization, and that moving them preserves the funds into FY26 while allowing the council to decide specific spending later.
A motion to move the $18,500 to the economic development fund was moved and seconded, and the roll-call vote passed 6–0. Staff said the transfer is intended to preserve options for a future allocation (staff noted $15,000 roughly covered the farmers-market program for one month under prior rates). The council directed staff to return with options for how the funds might be used in FY26.
