The Office of Management and Budget asked for approval to reduce commercial paper funding for the County Engineer by $845,000 to close out the IFS Long-term Masterplan project, leaving a remaining balance of $155,000 in commercial paper funding.

What it means for you

This is a budget housekeeping action that wraps up the IFS Long-term Masterplan project by reducing its commercial paper funding allocation from a higher level down to $155,000.

Outcome

A motion was made by Commissioner Garcia, seconded by Commissioner Ramsey, that this item be approved. The motion carried by the following vote: (5-0)

How each member voted

5–0, per the official record.