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City Park Board Approves Transfer to Non-Reverting Capital Fund

December 25, 2013
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  12/26/13  This month members of the Plymouth Park Board approved a resolution transferring funds into the Non-Reverting Capital Fund.  Each year the Non-Reverting Operating Budget appropriates $10,000 to be transferred into the Capital Fund. 

This year members determined there was enough funding available to double and annual transfer.  Currently there is $80,339 in the Capital Fund.  With this year’s transfer the Capital Fund will be just over $100,000

Park Superintendent Mike Hite said the funding could be used for the local match if successful in the Transportation Enhancement Grant that was submitted for the second phase of the Greenway Trail.   

 

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