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Council hears strong tax revenues, approves small transfers and several appropriations
Summary
Finance staff reported tax collections near or at budget and higher-than-expected revenues across several categories; the council approved transfers including a $32,000 Safe Streets match, $5,950 for purchasing wages, and multiple appropriations in police and equipment sinking funds.
The City Council received a monthly revenue and expense update and approved several small transfers and appropriations during the meeting.
Finance staff member Diane reported current tax collections at 99.9% of budget and said she expected collections to reach 100% once final postings conclude. Diane noted an increase of about $9.5 million on the current levy compared with the prior year and credited…
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