ITEM TITLE:
#24-57 - Amending the 2024 Budget by Accepting 2018 and 2020 Copper River and Prince William Sound Salmon Disaster Relief from the Pacific States Marine Fisheries Commission Fishery Disaster Program in the Amount of $62,223
SUBMITTED BY: Jordan Nelson, Finance Director
FISCAL NOTES:
Expenditure Required: $62,223
Unencumbered Balance: $62,223
Funding Source: Pacific States Marine Fisheries Commission - 2018 and 2020 Copper River and Prince William Sound Salmon Disaster Relief
RECOMMENDATION:
Approve
SUMMARY STATEMENT:
The attached letter from the Pacific States Marine Fisheries Commission outlines this award
Revenues over expenses in the Harbor Fund as well as Shared Fishery Business taxes have been, and are typically, transferred to the Harbor Major Maintenance and Replacement Reserve to boost available funding for maintenance related to harbor operations.