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<br />. <br /> <br />-2 - <br /> <br />Projected expenses for non-reimbursable investments are approximately $4 million. The e <br />projection for money available for non-reimbursable investments is based on the difference between <br />the target and actual growth of the Construction Fund (Financial Policy #13 attached). The target <br />growth rate of the Construction Fund establishes the basis for the calculation of this year's available <br />funds for non-reimbursable investments. <br /> <br />Conclusion <br />As of the date of this memo, it appears sufficient cash will be available to fund the <br />applications shown on the attached list. <br /> <br />e <br /> <br />e <br /> <br />Flood Protection. Water Project Planning and Financing. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br />