special revenue fund budgets
Budgets for special funds supporting housing, loans, and development.
What to Watch
Watch for fund balances, planned spending, loan terms, named projects, and any committee action following the Oct. 29 presentation.
Coming Up
The Story
The city previously listed a $100,000 possible affordable-housing project and a $500,000 possible business-loan allocation in its special-purpose fund planning. The Personnel and Finance Committee is scheduled to review the remaining funds Oct. 29.
Key Decisions
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passed Explore Two Rivers Meeting of the Board of Directors · Jul 9, 2026 TREASURER REPORT
Motion to accept the YTD 2026 Budget to Actual Report as presented
Record
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Finance Director Kassie Paider reviewed proposed special-purpose fund budgets, including Sandy Bay Highlands, the Housing Revolving Loan Fund, the Affordable Housing fund, and the Business and Industrial Loan Fund.
Personnel and Finance Committee -
Staff described the Sandy Bay Highlands fund balance as being built from property sales.
Personnel and Finance Committee -
Staff said the Housing Revolving Loan Fund would be closed the following year because the state was taking over.
Personnel and Finance Committee -
The Affordable Housing fund budget included a $100,000 placeholder for possible projects.
Personnel and Finance Committee -
The Business and Industrial Loan Fund budget included a $500,000 placeholder for new loans, although no loans were planned at that time.
Personnel and Finance Committee -
The committee was scheduled to receive a presentation on proposed economic-development special-purpose funds; the agenda did not list dollar amounts, projects, loan recipients, or spending conditions.
Personnel and Finance Committee -
The committee is scheduled to receive a presentation on the remaining special-purpose funds; the agenda does not identify the funds, balances, planned spending, or proposed changes.
Personnel and Finance Committee