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MANASOTA & PEACE RIVER BBDs Meeting Notebook 10-21-09.docx

MANASOTA & PEACE RIVER BBDs Meeting Notebook 10-21-09.docx

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Z930<br />

Contingencies - Peace River Basin<br />

Project Type Reserves<br />

AOR(s)<br />

Management Services<br />

Basin(s) Alafia River, Hillsborough River, Northwest Hillsborough, Coastal Rivers, Pinellas-Anclote River,<br />

Withlacoochee River, Peace River, Manasota<br />

Cooperator(s)<br />

Project Manager PILCHER, LINDA<br />

Task Manager(s)<br />

Status Ongoing<br />

CACIOPPO, MIKE, LINSBECK, CATHY<br />

Description<br />

Funds are budgeted for contingencies to be used at the Board's discretion. The goal is to set aside an amount equal to<br />

approximately 5 percent (2.5 percent minimum target) of the ad valorem based budget (ad valorem taxes plus interest<br />

plus balance forward multiplied by 5 percent).<br />

Status As Of: September 01, 2009<br />

To date, the Basin Board has not allocated any of its contingency funds.<br />

020 - Peace River Basin 12

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