City of Beaufort issued the following announcement on January 26.
BEAUFORT, S.C. (Jan. 26, 2022) – Several projects, including a replacement of the fuel system at the Downtown Marina, were set in motion last night (Jan. 26) after City Council authorized the release of $852,500 from two pots of money set aside for capital projects and redevelopment. The projects and their estimated costs include:
- Replacement of the Marina fuel system: $725,000
- Roof repairs for the Carnegie Library building: $40,000
- Conditions assessment for Carnegie building: Grant match of $12,500
- Furniture and equipment for the office space (the Landing Pad) at 500 Carteret: $75,000
Finance Director Kathy Todd noted at the City Council meeting that the City’s General Fund -- Fund Balance was in very strong shape, a combination of belt-tightening during the first year of Covid-19, and stronger-than-expected revenues last year. On June 30, 2021, the City ended its fiscal year with a $9.5 million fund balance, compared to $8.1 million the previous year.
######
Find us:
facebook.com/CityBeaufortSC
twitter.com/CityBeaufortSC
instagram.com/citybeaufortsc
cityofbeaufort.org
Original source can be found here.