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Tampa staff recommend allocating most of FY24 fund balance to housing, flooding and resurfacing; $2 million held in reserve
Summary
Finance staff presented council-requested allocations of the fiscal year 2024 fund balance, largely matching council's priorities for housing, flooding assistance and resurfacing but recommending about $2 million be left unappropriated because of economic uncertainty and spending timing.
Dennis Rejero, chief financial officer, told the City Council that staff recommend allocating the majority of the fiscal year 2024 unassigned fund balance to categories council previously identified, including housing, flooding assistance and resurfacing, but that roughly $2 million should remain in reserve.
Rejero…
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