Subject: Finance Committee Meeting – Additional Funding Requests
In recent months there has been continued cost escalation caused by many factors such as COVID19 related material and labor shortages, an uptick in construction activity, inflation, etc.
Additionally, during the recent past years, due to limited funding availability, the Water Quality Board chose to hold back part of the funding as a reserve. Also, there have been less than anticipated funding requests over the past few funding cycles, allowing that reserve to remain in place. Read more…