Video: Creek Walls; Carryover funds; Undesignated funds, but...kinda like earmarked funds....but
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Students of Accounting 10001 might be confused; here is the clarification. Funds collected by departments during the year but unused revert back to the city treasury, except that some funds are more designated than others. EMS funds over 350,000 go to the treasury, and Library funds for computers must be rejected while funds of surplus from DNR projects that were..well...almost designated...need to be spent on creek walls.
Thursday, September 17, 2009
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The creek walls should not be a priority. There are more pressing things this city should be spending the money on. It's funny how certain people's projects get done regardless if the money is there or not.
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