Council Approves Year‑End Budget Amendment to Move Projected Sales‑Tax Surplus
CFO Stephen Glickman presented a year‑end budget amendment authorizing staff to transfer a portion of unspent appropriations/excess sales-tax revenue (estimated $1.2M) with 75% to a self-funded special projects fund and 25% to economic development; council approved the amendment.
The full story
Stephen Glickman, Addison’s CFO, presented a year-end budget amendment that authorizes the city manager to transfer unspent appropriations or excess revenue at year-end, allocating 75% to a self-funded special projects fund and 25% to the economic development fund.
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