Title:
|
Allocation of Unreserved Fund Balance
Staff recommends approval to allocate funding and expenditure authority from the unreserved fund balance of the fiscal year ending 2018/19 for the following uses:
1. $10 million for local road repair for this year's Pay-As-You-Go pavement repair and rehabilitation program;
2. $15 million for the Facility Renewal Fund, earmarked for the purpose of fa?ade repair, asbestos abatement and fire safety improvements in downtown County buildings; and
3. $2 million to the Parks Renewal Fund for various repair, rehabilitation and replacement of park and recreation facilities in existing County parks.
|