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County transfers $475,000 to Capital Improvement Reserve Fund
Summary
The Board voted unanimously to allocate $475,000 from the County General Fund Balance to the Capital Improvement Reserve Fund to support Lancaster County's Capital Improvement Plan.
The Lancaster County Board of Commissioners approved Resolution No. 41 on June 24 to transfer $475,000 from the County General Fund Balance to the Capital Improvement Reserve Fund to provide additional funding for the Lancaster County Capital Improvement Plan. The action cites Resolution No. 11 of 2022 as the policy framework enabling transfers as available and desirable.
The Board recorded the transfer in county fund accounting: the County General Fund Balance (A1120) decreased by $475,000 and the Capital Improvement Reserve Fund increased by the same amount. The motion passed unanimously.
