Council reviews special-revenue funds, park dedication and RDC project earmarks
Staff reviewed hotel-motel, park-dedication and RDC funds; staff proposed reducing a $50,000 hotel-motel grant line to zero, reported parkland funds of $1.8M (with $1.3M budgeted), and RDC staff described earmarked reserves for US 90A/site-readiness work.
The full story
Staff walked the council through special-revenue and RDC budgets, highlighting restricted uses and project reserves. Louis said the hotel-motel fund’s contribution to other entities was reduced from $50,000 to zero in the proposed budget, and he reported the park-dedication fund balance at about $1.8 million with $1.3 million planned for specific projects.
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