City OF Salinas
Finance committee
Available Fund Balance
October 4, 2022
Available Fund Balance($10 million available)
Recommended Projects: (ranked)
Industrial Wastewater Treatment Facility - $1 million
Boronda Road, Phase 1 - $5.5 million
Future Growth Area, Fire Station Land Acquisition - $1.75 million Traffic Calming Projects - $1 million
Salinas Valley Promise - $177,000
Closter Park Building Improvements - $300,000
Arts Commission - $100,000
CARR Lake Park - $173,000 (median development, Big Sur Land Trust) 2 Recommendation
Approve a Finance Committee recommendation to City Council allocating up to $10 million dollars from the remaining FY 2022 available fund balance. 3 Questions?
4