Meeting Time: October 20, 2015 at 6:00pm PDT
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Agenda Item

J. PUBLIC COMMENTS (2 MINUTES PER PERSON FOR ONE ITEM, A MAXIMUM OF 5 MINUTES IF A SPEAKER WANTS TO COMMENT ON MORE THAN ONE ITEM)

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    Gary Osterhout about 9 years ago

    Staff was queried last meeting about my e-comment that using unreserved general funds equates to utilizing general CIP money. That comment was shorthand for the theory and preference that unreserved general funds at year end should automatically revert to general CIP, as was normal prior to 2004. That sensible process stimulated fiscal discipline in order to augment the budgeted general CIP funds determined by an insufficient formulary methods. I urge you to return to the former mindset.