Ocean City Today
https://oceancitytoday.villagesoup.com/p/1697489

County sets aside $1.8M for fiscal 2017 obligations

Oct 19, 2017

(Oct. 20, 2017) Contracts and purchase orders don’t always follow the same calendar that financial documentation does, so each year the county must account for money acquired but not spent during the previous fiscal year for ongoing obligations.

The $1.77 million floating between calendars this year fell into three categories: currently approved but unfinished projects, unobligated but appropriated grant funds and other monies that don’t fit into the previous two categories.

Under the first heading, the largest outstanding amount is from the Emergency Services Department for about $247,000 for the Skyline Fiber Network that would link the county’s police stations.

Next is the Meadow Bridge replacement project for almost $123,000, which the state is expected to reimburse 80 percent. The last projects under this heading total less than $50,000 and are in the Environmental Programs, Fire Training Center, Economic Development departments and two projects from the Worcester County Library.

Excess funds for projects that received unrestricted grants total about $727,000, with the lion’s share coming from the Recreation and Parks Department with Program Open Space funds accounting for more than $500,000.

In the “other” heading, a little less than half of the nearly $632,000 total comes from Environmental Programs and are unspent rural legacy funds that have been redirected to other areas. The Treasurer’s office, election board, general government, Emergency Services and Public Works all have listings under $50,000 in this heading.

The commissioners voted unanimously to approve the reported reserve funding.

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