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PARKERSBURG - Parkersburg City Council's Finance Committee will meet at 5:30 p.m. today to consider allocating carryover funds in the capital reserve budget.
According to a copy of the resolution provided with the meeting agenda, the administration is proposing to increase the fund balance surplus line item by $1,383,601. Of that, $1,125,209 is for purchase orders made before the end of the fiscal year but not fulfilled until after July 1.
An additional $200,000 would be allocated toward the purchase of a new fire truck. With money already earmarked and $35,000 in insurance proceeds, there would be $835,000 set aside for the eventual purchase, Finance Director Eric Jiles said.
The meeting will be held in the Meeks Conference Room, adjacent to council chambers at the Municipal Building.