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Carthage council reviews year-end budget adjustments; transfers will cover cost overruns and carryovers
Summary
The council heard a first reading of a multi-fund budget amendment (Council Bill 25-50) to move fiscal-year 2024–25 dollars among funds and approved Resolution 20-95 to move fire sales-tax dollars into other funds.
At the July 22 meeting the Carthage City Council considered year-end budget adjustments intended to reconcile spending across multiple funds for fiscal 2024–25. Council Bill 25-50 was given its first reading; a separate resolution (20-95) that authorizes supplemental transfers from the fire sales-tax fund was adopted by the council.
Why it matters: The adjustments cover several items the city described as year-end…
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