VSP property acquisition funding
City of Rancho CordovaCalifornia- Detected
- Oct 5, 2026
- 29 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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From the meeting
On October 5, 2026 the council reviewed the preliminary year-end financial report and proposed budget amendments that moved $4,850,000 of General Fund surplus to the Capital Facilities Fund for the VSP property acquisition. The related 2026-27 budget amendment also showed $13,192,000 for purchase of the Zinfandel Drive (VSP) properties. This is a clear land-acquisition trigger with future capital follow-through.
The council also revised reserve policies to allow annual surplus transfers.
- Meeting date
- October 5, 2026
- Agency
- City of Rancho Cordova
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