Belvedere allocates $1M in reserves for infrastructure projects
The Belvedere City Council has set aside $1.03 million in excess reserves for infrastructure projects.
The funding comes from the city’s general reserves, which had $1.38 million in surplus left over from the 2024-25 fiscal year.
The city is holding a little over $350,000 in the city’s general reserve fund. The council voted unanimously Monday to allocate the remaining surplus for critical infrastructure projects, long-term capital planning, a shoreline cleanup project and improvements to the police department.