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<br />Memo <br />Michelle Olson <br />Surface Water Management Fund <br />2 <br /> <br /> <br />I appears that you would have sufficient funds in the account in the amount of $94,855 to do this <br />project as we do project that 2008 came in under budget in the expenditures and over budget in <br />the revenues. This would however, leave the cash balance in the fund close to zero ($0). Again, <br />we would be able to give you a much better estimate of available funds in another month when <br />we have the accrual entries and any outstanding amounts from 2008 accrued. <br /> <br />Please let me know if you have further questions. <br />