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City transfers $914,903 to stormwater after bond-project closeout
Summary
Administration reported final closeout of bond projects and proposed transferring $914,903.06 from bond project balances into the stormwater fund to cover scheduled projects; commissioners acknowledged the transfer without objection.
City administration updated the commission that bond projects have been closed out and recommended transferring the remaining balance of $914,903.06 from bond project funds into the stormwater fund for scheduled projects. The administration clarified these dollars are earmarked for projects that are scheduled and under way, not already completed work.
Commissioners acknowledged the transfer and asked only clarifying questions about earmarking and timing. The transfer was announced on the record and will be reflected in fiscal tracking documents.
