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Finance report shows tight hospitalization fund; council acknowledged new full‑time firefighter hire
Summary
Council received the finance and personnel committee report showing general fund and water fund balances, noted a shortfall in the hospitalization reserve, and acknowledged the hiring of a full‑time firefighter to restore department shift staffing.
Shelby City Council received the finance and personnel committee report showing current fund balances and heard that the city recently hired a full‑time firefighter.
Councilman McLaughlin presented the report and said the general fund balance (after encumbrances) for Sept. 30 was about $9.915 million. He pointed out the hospitalization (health insurance) reserve fell below the city’s comfort level: the…
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