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Olivette holds first reading of 2025–26 budget; officials note deficit and reserve policy shortfall
Summary
Council heard first reading of the fiscal 2025–26 appropriation ordinance; staff said the formal ordinance differs from prior draft documents and signaled the budget shows a deficit and a long‑term reserve policy violation; a public hearing is scheduled for June 24.
City staff presented the first reading of Bill 30‑47, an ordinance making appropriations for the City of Olivette’s fiscal year from July 1, 2025, to June 30, 2026, and adopting the salary schedule.
A staff presenter identified in the meeting as Mann (title not specified on the record) explained the ordinance is the formal…
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