Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Funding topic
No spam. Unsubscribe anytime.
County approves one-year waiver to exceed municipal construction fund balance for two 2025 highway projects
Summary
Traverse County commissioners unanimously approved Resolution 24-16, authorizing a one-year waiver (through Dec. 31, 2025) to exceed the State Aid Municipal Construction fund balance limits so the county can fully fund two 2025 projects (SAP 078-702-003 and part of SAP 078-609-021).
Get email alerts on the Municipal Funding topic
No spam. Unsubscribe anytime.
County Engineer Chad Gillespie asked the Traverse County Board of Commissioners to approve Resolution 24-16, a request to exceed the State Aid Municipal Construction fund balance limits for one year so the county can fully fund two projects planned for construction in 2025. Gillespie identified the projects by SAP numbers: SAP 078-702-003 and a portion of SAP 078-609-021.
The resolution states the waiver would be effective through Dec. 31, 2025, and was presented to the board as a one-year request tied to planned expenditures that will draw down the construction fund balance. Commissioner Kayla Schmidt moved approval; Commissioner Jerrel Olson seconded, and the board approved the resolution unanimously. The action ensures the county’s project funding needs will not be reduced in the State Aid calculations because of the current unencumbered balance.
