Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Stayton finance director reports 55% of annual budget spent through third quarter; contingency moved to cover facility costs
Summary
City Finance Director James Brand told the council the city has spent 55% of its budget through nine months, highlighted overspending at the community center and pool due largely to personnel and a kitchen remodel, and said staff will move $23,000 from contingency into operating lines.
James Brand, Stayton’s finance director, presented the third‑quarter financial update to the council on May 19, saying the city has spent about 55% of its budget nine months into the fiscal year and that staff will move contingency funds to cover identified shortfalls.
“This analysis is sharing some of the same philosophies that we’ve been talking about. We’re budgeting for possibilities, but we’re realizing realities,” Brand told the council, and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
