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File #: 24-464    Version: 1 Name: 2024 Unspent Bond Allocation from Active Projects
Type: Action Report Status: Adopted
File created: 4/19/2024 In control: County Clerk
On agenda: Final action: 5/29/2024
Title: From the Director of Capital Finance, Office of the Comptroller, requesting approval to allocate approximately $3.7 million in unspent bond proceeds from active capital projects to Project WH024201 North Shop Improvements and to Org. Unit 9960 General County Debt Service; and to allocate approximately $2.4 million of cash from the Debt Service Reserve ("DSR") to pay 2024 debt service expenses, and to allocate approximately $2.6 million of levy financed expenditure authority from Org Unit 9960 General County Debt Service to active capital projects.
Attachments: 1. 24-464 REPORT, 2. 24-464 RESOLUTION, 3. 24-464 FISCAL NOTE, 4. 24-464 COUNTY BOARD RESOLUTION
Related files: 24-104, 24-291, 24-352

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From the Director of Capital Finance, Office of the Comptroller, requesting approval to allocate approximately $3.7 million in unspent bond proceeds from active capital projects to Project WH024201 North Shop Improvements and to Org. Unit 9960 General County Debt Service;  and to allocate approximately $2.4 million of cash from the Debt Service Reserve (“DSR”) to pay 2024 debt service expenses, and to allocate approximately $2.6 million of levy financed expenditure authority from Org Unit 9960 General County Debt Service to active capital projects.

 

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