Committee hears road-program finance update: $8.9M collected; $5.5M available before Greenbelt purchase
County staff reported $8.9 million collected through July 31, $3.4 million spent and roughly $5.5 million remaining; a pending $2 million greenbelt purchase will reduce available green-space funds and staff said another quarterly payment is expected in September.
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The Jasper County transportation committee received a financial update on its road program during the workshop. "We have collected, $8,900,000, so far that includes both, the tax, collection and interest that we have received at the bank," said Iwaniki, the staff presenter. He reported total expenses of about $3.4 million, leaving roughly $5.5 million available.
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