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MEMORANDUM Agenda Item No. 3(A)(11) TO:Honorable Chairman Oliver G. Gilbert, III and Members, Board of County CommissionersDATE:June 18, 2024FROM:Geri BonzonKeenan County AttorneySUBJECT:Resolution
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District 7 discretionary reserve refers to a financial allocation or fund set aside by District 7 for various discretionary spending purposes, typically managed by local government officials to address community needs.
Entities or individuals who receive funds from the district's discretionary reserve, including local government departments, agencies, or organizations seeking funding, are required to file.
To fill out the district 7 discretionary reserve, applicants must complete a designated form by providing detailed information about the proposed funding use, including budget, objectives, and any supporting documents.
The purpose of the district 7 discretionary reserve is to provide flexible funding that can be allocated to projects and initiatives that meet the needs of the community and address urgent local issues.
Information that must be reported includes the amount requested, intended use of funds, project timelines, expected outcomes, and any relevant financial statements or documentation.
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