FY2018 Recommended Budget

Capital Investment Plan CRF

MISSION

The purpose of the CIP Capital Reserve Fund is to set aside funds annually for the advancement of future Capital Investment Projects. The funds may be utilized for preliminary design for improved cost estimation or for associated debt obligations or any other capital expense related to the project. This avoids resource competition and cash flow demands on the Fund Balance and allows for better planning and implementation of tangible assets that add value to the community.

SERVICE TO COMMUNITY

Leverage our resources by re-investing in the community.

BUDGET NOTES

Cost Value

New Initiatives & Priorities

Annual Allocation

200,000 $200,000

Total

2015

2016

2017

2018

Actuals

Actuals

Estimated Actual

Proposed Budget

Beginning Balance

$ - $ - $ - $ 200,538

Interest Earnings

$ - $ - $ 538 $ -

Transfer in from General Fund

$ - $ - $ 200,000

$ 200,000

Transfer out to General Fund

$ - $ - $ - $ -

Ending Balance

$ - $ - $ 200,538

$ 400,538

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