Future County Capital

Total Project Cost: $0.03M

Project Status: Continuing

PROJECT DESCRIPTION

The Future County Capital program was established in FY 20. One (1.0) cent of the real estate tax rate was earmarked for future County capital needs. This was reduced to a half (0.5) cent for FY 24. The Future County Capital program was established to accumulate funds to finance all or part of future significant capital projects related to construction, reconstruction or acquisition of property. The use of these funds is determined on a project-by-project basis. Currently, $100,000 of this amount is earmarked annually for the Valley to Valley Trail project.

FUNDING SOURCES

• Cash-to-Capital - $0.03M