Genesee County Road Commission Use of Transportation Funding The Road Commission’s General Operating Fund is used to control the expenditures of Michigan Transportation Fund moneys distributed to the County, which are earmarked by law for street and highway purposes. The Board of County Road Commissioners is responsible for the administration of the Road Commission General Operating Fund.

Genesee County Road Commission Use of Fund Balance Reserves Reserved For: Fiscal Year 2013 Budgeted Deficit $8,991,290 Fiscal Year 2014 Budgeted Deficit $5,750,000 Fiscal Year 2015 Budgeted Deficit $3,800,000 Fiscal Year 2016 Budgeted Deficit $2,250,000 Fiscal Year 2017 Budgeted Deficit $1,600,000 Fiscal Year 2018 Budgeted Deficit $993,712 50% of MTF Revenues $9,325,000 Inventory at 9/30/12 $1,327,819 Prepaid Expenses at 9/30/12 $267,784 Fleet Maintenance Facility Reserve $1,300,000 Emergency Culvert and Bridge Repair $500,000 Winter Contingency Estimated Special Assess Restricted Cash $600,000 Total Reserved Fund Balance $37,198,605

Each year we take the optional transfer of 50% of Primary to Local

Genesee County Road Commission Unfunded Liabilities