Custodial Fund and Ad Valorem Capital Projects Fund Resolutions

At a glance

What: Two budget-structure resolutions. Resolution 4699 creates an intergovernmental custodial fund to hold taxes collected on behalf of other jurisdictions (such as the county and the state) rather than as city revenue. Resolution 4700 updates the special ad valorem capital projects fund by removing a restriction that came from an interlocal agreement that expired in 2012.
Where it stands: Both adopted November 4, 2026, with all members in favor.