City Attorney Pike read a first‑reading summary of an ordinance to amend the City of Radcliffe’s annual budget for the fiscal year July 1, 2024 through June 30, 2025.
The amendment increases insurance premium taxes in the general fund to $3,978,500 and adjusts intergovernmental revenues for the stormwater utility fund to $85,000. The total resources available under the general fund were read as $16,485,600 and under the stormwater utility fund as $1,419,000. On the appropriation side, administration under the general fund was amended to $1,402,400; economic development, planning and building to $569,900; and stormwater utility under its fund to $1,084,000.
Why it matters: The first reading amended revenue and appropriation estimates and will require the normal second reading and adoption procedure before taking effect. The summary included line‑item figures and instructed readers to consult the full ordinance for additional detail.
Next steps: This was a first reading; no final vote occurred. Staff will publish the ordinance text and schedule a subsequent reading per statutory requirements.
Ending: The council placed the budget amendment on the docket for later action; no changes to city services or staffing were enacted at the meeting.