(530) Special Revenue Augmentation Fund
Special Revenue Funds (Non-Departmental)
Fund Overview
The special revenue augmentation fund holds funding that can only be used for specific identified purposes. Currently, the only active funding held in the fund is related to County allocations from the Phillip Morris vs. People Trust. This funding may only be used for capital projects. This Fund will be closed out at the end of this year, the County is looking to clean it up and reconcile all projects.
Recommended Budget
Budget Unit (4110) Phillip Morris vs. People Trust
Financing/Expenditure Changes
- Transfer to general fund in the amount of $815,000 to support various proposed Capital Expenditures.
- Main use for our completion of Tobacco Securitization Expenses for Capital projects