Red Hook WatchIndependent Community Resource

Water fund balance appropriation for Well 15

↑Meetings/Resolutions/(operational)
One-time (complete)operationalone_timeAuthorize use of water fund balance ($14,130) for year-end expenses while maintaining $25,000 USDA-required reserve, sourcing from existing fund rather than line of credit.
First seen
2015-05-21
Latest event
2015-05-21
adopted
Expires
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Resolution text

RESOLVED

  1. Use $14,130 from water fund balance (of $106,584) for expenses ($10,780) while maintaining USDA-required reserve of $25,000.

Lifecycle (1 event)

2015-05-21adoptedvote: unanimous
Approve using water fund balance to cover Well 15 expenses and maintain required USDA reserve.
moved by Blundell · seconded by Norris
Show text snapshot for this event
Resolved
  1. Use $14,130 from water fund balance (of $106,584) for expenses ($10,780) while maintaining USDA-required reserve of $25,000.
Subject key: water_fund_reserve_adjustment