Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Capital Fund topic
No spam. Unsubscribe anytime.
County Commissioners list $18 million for Capital Improvement Fund in FY2025/26 estimate
Summary
The Cleveland County Budget Board's Estimate of Needs includes a proposed County Commissioners Capital Improvement Fund (Account 100201) set at $18,000,000.00; the fund will be reviewed, published and may require resolution to formalize carryover procedures.
The board's Estimate of Needs presented on May 20 lists County Commissioners Capital Improvement Fund Account 100201 at $18,000,000.00. The amount appears as the largest single line-item in the capital-related accounts presented during the meeting.
Chairman Cleveland said the Estimates of Needs will be reviewed for accuracy, corrected as needed, signed and published by the County Clerk, and that two resolutions to recognize the Rainy Day Fund and the Capital Improvement Fund will be introduced at the next meeting. The resolutions are intended to formalize the county practice of carrying over unspent money at year's end and are separate from the budgeted Estimate of Needs.
