Posts Tagged ‘capital reserve funds’

CRFs for SDFs (aka Capital Reserve Funds for System Development Fees)

Thursday, May 24th, 2018

UPDATED August 2018: The legislature made a few changes to the System Development Fee law during the 2018 legislative session (S.L. 2018-34). For information on those changes, click here. Local governments and public authorities (collectively, local units) that own or operate water and sewer systems must implement the new system development fee schedule by July […]

Financing Capital Projects—Part I: “Saving” through Fund Balance and Capital Reserve Funds

Sunday, October 7th, 2012

UPDATE August 2013: For more information on capital reserve funds, click here. Blight City has fallen on hard times. Its population has declined significantly since the 1990s, due in large part to the shuttering of two large manufacturing plants. Emblematic of the city’s decline is its central downtown area. Once a vibrant community center, it […]