Memo To: PPRTA Board of Directors

From: Becky Frank, Town Manager

Re: PPRTA Budget Amendment

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The PPRTA 2024 Town of Green Mountain Falls capital portion of the budget amendment is $8,172. The 2024 Mid-year allocation amount for Green Mountain Falls is $6,050. These two amounts for capital projects totaling $14,222 will be utilized to repay the PPRTA loan current balance of $57,377 and reduce that loan amount to $43,155. The remainder of this loan will be repaid once reimbursable expenses from CSU are received.

The Green Mountain Falls Maintenance budget amendment ($4,441) and Mid-Year Additional Revenue Allocation ($3,288) amounts totaling $7,729 will be utilized to maintain the Town’s unpaved road system during the current physical year.
Thank you for your consideration.

CC: Town of Green Mountain Falls Board of Trustees