Posted Jan 12, 2024, 2:05 PM
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FYHA
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Join Date: Oct 2007
Location: Houston - Wichita, KS
Posts: 3,509
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https://communityimpact.com/houston/...bond-to-begin/
Quote:
Fort Bend County commissioners advance funding to allow parks projects from 2023 bond to begin
By Kelly Schafler | 10:00 AM Jan 10, 2024 CST
Fort Bend County's parks department will now have access to funding to begin work on projects from the November bond.
At the Jan. 9 Fort Bend County Commissioners Court meeting, commissioners unanimously approved advancing $153 million in bond funding for parks projects.
The gist
This means the county can proceed with parks projects in the short term by using money from the county’s general fund before issuing bonds, County Auditor Robert Sturdivant said. About 25% of the way into the projects, Sturdivant said county staff can request commissioners' approval to issue the first round of bond funding to replenish the general fund.
“Is that fair to say that this might speed up the action?” County Judge KP George said.
Sturdivant confirmed, saying it acts as a “checkbook” for the parks and recreation department to begin bond projects now.
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