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Cluster · capital · FY 2021
Current balance in the Capital Improvement Plan (CIP) fund.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2021-04-13 — 2021-04-13
Current balance in the Capital Improvement Plan (CIP) fund.
The City of Nowthen has a Capital Improvement Plan (CIP) to prepare for purchases of large pieces of equipment or infrastructure. The current fund balance is $257,107.00, plus we will be transferring $72,500 from the General Fund in 2021, for a balance of $330,500.00.
Reasoning: Explicitly stated as the current fund balance for capital equipment.