Subject:
Title
Consider a supplemental appropriation for the General Fund, Water Fund and the Stormwater Fund
Body
Presented By: City Staff
Recommendation and Review
This supplemental appropriation request will appropriate $476,000 to the General Fund and $980,000 to the Stormwater Fund for the purchase of City owned land from the Water Fund. In addition, the Water Fund will in turn will repay a loan from the Sewer Fund in the amount of $1,456,000. Additional information regarding this supplemental appropriation is provided in the attached memorandum.