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Clayton records tornado costs in third‑quarter report; board adopts $1.4M budget amendment
Summary
City reported higher third‑quarter expenditures from tornado response and adopted a fiscal‑year‑2025 third‑quarter budget amendment to book storm‑related costs and corrected interest projections.
City finance staff presented the fiscal 2025 third‑quarter financial report Aug. 12, showing elevated expenditures tied to the May 16 tornado and a budget amendment to record initial storm costs. City Manager told the Board that general fund expenditures are about $1.9 million higher year‑to‑date than last year, driven in part by overtime and contractual services related to storm response; the budget amendment includes $1.4 million for…
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