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Board approves distribution from MMRMA retention fund for equipment, shelter improvements
Summary
A staff member said the MMRMA retention fund holds about $1,150,000; the board discussed maintaining a $1,000,000 baseline and using much of a distribution to pay for an airboat, with a small portion allocated to capital improvements such as a shelter building. The distribution was approved.
The Alger County Board of Commissioners approved a distribution from the MMRMA retention fund during its April 20 meeting.
A staff member explained the retention fund "has 1,150,000 in it" and proposed keeping a $1,000,000 baseline while using part of the balance for county needs. The staff member said roughly 90% of a proposed withdrawal would be used to pay for an airboat and the remaining amount (about $10,000) would go toward capital improvements such as a shelter or kennel building.
Board members discussed the baseline policy for the retention fund and the possible future idea of increasing the baseline, but the immediate action approved the distribution as described on the record.
The motion passed with no recorded opposition. The staff explanation named MMRMA as the retention source but did not provide further technical details about amortization, repayment or long-term budget impacts in the meeting transcript.
