SPECIAL FUNDS
Fund 180: ORANGE COUNTY GREAT PARK FUND This fund accounts for the administrative, operating, maintenance, and programming expenditures and revenue of the Orange County Great Park (OCGP). On July 7, 2003 the Irvine City Council formed the Orange County Great Park Corporation as a California Nonprofit Public Benefit Corporation for the specific purpose of managing the development, operation, maintenance, and programming of the Orange County Great Park. The Orange County Great Park Corporation is governed by a five-member board of directors, all of which are members of the Irvine City Council. The OCGP Board is responsible for adopting policies and providing direction concerning planning, design, construction, operations, and maintenance for the public portions of the Park. The City of Irvine is responsible for initiating and approving land use modifications; managing financial matters, including contracts for professional and maintenance services related to the Park. The City manages all funds related to development of the Park, including accounting for Park related expenditures and investment decisions in accordance with the City's investment policy.
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FY 2019-21 Proposed Budget
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