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Board hears year-end budget amendment briefing; mayor reports loss of AmeriCorps funding and federal grant uncertainty
Summary
Finance staff described a routine year-end budget amendment to reconcile revenues and expenses; city leaders said federal funding changes include the loss of an AmeriCorps-funded position and paused technical assistance for a DOJ-supported social worker grant, while crime statistics were reported as improving year-to-date.
City finance staff briefed the Little Rock Board of Directors on April 29 about a routine year-end budget amendment that adjusts revenues and departmental budgets to match actual receipts and expenditures.
A finance staff member described the package as a “net increase” and identified a roughly $3,000,000 net increase for certain departmental budgets, reflecting cost overruns and approved projects. The staff member said the amendment also…
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