Green Acres fund transfers approved

The Joint Budget Oversight Committee has OK’d the transfer of $4.1 million between projects under the Green Acres Fund.

A total of $2.2 million was approved for transfer Tuesday between projects with the same sponsor or between project sponsors.

The Department of Environmental Protection sought approval for reallocation under various Green Acres bond acts for approximately 12 projects.

The projects ranged in amount and size, including a request from Ringwood Township for $1 million to complete a 300-acre acquisition; transfer of an $800,000 grant from Millstone Borough to Somerset County for open space acquisition; and an approval of $300,000 for the D&R Greenway to acquire land in Upper Freehold as part of an ongoing project in Monmouth, Mercer and Burlington counties.

 

  Green Acres fund transfers approved