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Red Oak council adopts year-end budget amendment recognizing $14.47 million in bond proceeds
5957028 · September 30, 2025
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Summary
The City Council unanimously approved Ordinance 25-049 amending the FY2024–25 budget to recognize $14,467,558.70 in additional net revenue, primarily to record bond proceeds and an interfund transfer for utility projects.
The Red Oak City Council on Tuesday approved Ordinance 25-049, amending the fiscal year 2024–25 official budget to recognize $14,467,558.70 in additional net revenue, largely to record proceeds from recently issued debt and to perform an internal fund transfer related to…
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