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City approves year‑end budget adjustments; general fund expenditures rise $110,679 (Resolution 2025‑57)
5902473 · October 2, 2025
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Summary
The council approved Resolution 2025‑57 making year‑end adjustments to multiple funds. Staff presented revenue and expenditure changes and said the city’s reserves remained higher than originally projected despite some departmental overages.
The Waterford City Council unanimously approved Resolution 2025‑57 to make final year‑end budget adjustments for fiscal year 2024‑25.
Finance staff presented a breakdown of the requested changes: a $110,679 increase in general fund expenditures; matched adjustments to the gas tax fund of $22,301 in both revenues and expenses; a $224…
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