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Council hears first reading of fiscal 2025 budget amendment showing higher revenues and capital changes
Summary
City finance staff presented budget amendment No.1 for fiscal 2025 at first reading, showing an operating improvement of about $1.1 million, shifting capital outlays and additional planned debt draws tied to wastewater work; council took no final vote on the amendment at first reading.
Council hears first reading of fiscal 2025 budget amendment showing higher revenues and capital changes At a council meeting, Chief Financial Officer Bob Ford presented the first reading of Budget Amendment No. 1 for fiscal year 2025, summarizing revenue improvements, changes to capital spending and adjustments to debt plans. The item was presented for first reading and council did not take final action at that time. Ford said the amended operating budget reflects…
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