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Last modified
8/16/2009 2:55:48 PM
Creation date
10/4/2006 6:46:50 AM
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Board Meetings
Board Meeting Date
11/19/2001
Description
CF Section - Estimate of Funds Available for New Projects in 2002
Board Meetings - Doc Type
Memo
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<br />;. <br /> <br /> <br />Notes to the Financiltl Projection <br /> <br />e <br /> <br />Construction Fund Revenue <br /> <br />Total cash revenue to the CWCB Constn\ction Fund is based on several sources <br />of income including interest on loans, MineraI Lease Fund distributions, money from <br />lease agreements, interest from cash invested by the State Treasurer, and occasional <br />General Fund transfers if applicable. <br /> <br />Unreserved Cash <br /> <br />Unreserved cash in the Construction Fun~ at the beginning of the state fiscal year <br />is based on the end of period financial infotmation provided to us by the DNR <br />Accounting Section and summarized by Clifton :Gunderson, LLP in the Comprehensive <br />Annual Financial Report. <br /> <br />Administrative and Special Puruose Exuenses ! <br /> <br />Senate Bill 01-212, also known as the 2001 "Long Bill", appropriated a total <br />administration and special purpose budget for th~ Board of $4,21 million. Up to 50% of e <br />the Board's budgeted expenses may be appropriated from the CWCB Construction Fund. <br /> <br />.e <br /> <br />NovOI itemlS. CFFunds <br /> <br />A v.il.ble.doc <br />
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