HomeMy WebLinkAbout76-16 - Res. for Restricted Balance Reserved for New Road ProjectsRESOLUTION NO. 76-16 RESTRICTED BALANCE RESERVED FOR NEW ROAD PROJECTS WHEREAS, the Road fund budget is required to be prepared as set fot1h by RCW 36.82.160 and the County Road Administration Board. WHEREAS, the Public Works Department has been directed by the Board of Mason County Commissioners to set aside a balance of $1,680,000 for use on future road projects beginning with the 2017 adopted budget. WHEREAS, expenses of the restricted balance reserved for new road projects use will be determined either in a budget supplemental expense request or as expenses in the adoption of the annual budget each year. WHEREAS, the annual construction program shall include a listing of all proposed construction projects for the year, regardless of funding source, as set forth by WAC 136-16-020. The Public Works Department shall evaluate and recommend revisions to the Annual Construction Program, if needed. NOW THEREFORE BE IT RESOLVED THAT the Road Fund shall set aside a restricted balance reserved for new road projects of $1,680,000 beginning in the 2017 adopted budget. BE IT FURTHER RESOLVED THAT expenses from the restricted balance within the Road Fund reserved for new road projects shall be approved by the Board of Mason County Commissioners either in the adoption of the annual budget or in a budget supplemental expense request. EFFECTIVE this 8th day of November, 2016. BOARD OF COUNTY COMMISSIONERS L~ Tim Sheldon, Commissioner ATTEST: fiJ~/r Clerk o ~oard C: Accounting, Treasurer, Public Works, Budget & Finance