City receives $5.5 million in carryover
The city Council moved to approve an increase in the capital projects and general funds at Tuesday’s meeting, for the fiscal year of 2016 carryover in the amount of $5.5 million.
It’s not a surprise amount, according to Chris Meats, finance director of Green River, it comes down to timing and producing the correct dollar amount.
The raised budget amount is for previously started projects that are multi year projects with a vast majority of the funds coming from the Sixth Penny tax, $4 million of it. The vast majority of the projects the amount continues to fund are city infrastructure p...