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North Richland Hills council adopts FY24–25 revised operating and capital budget
Summary
City Council adopted Ordinance No. 3908 to revise the FY2024–25 operating and capital projects budgets, moving funds for an $850,000 fire-station generator and adjusting property tax-related allocations between the general fund and debt service.
The North Richland Hills City Council on Monday adopted Ordinance No. 3908, approving a revised operating budget and amendments to the FY2024–25 capital projects budget.
Finance staff framed the revision as a ‘rightsizing’ based on midyear actuals, with several targeted changes rather than an expansive new spending plan. “This is not a presentation or revised budget about doing a lot of new and different things. It's more of an accounting rightsizing of what we've seen so far,” Finance Director Chase said.
Why it matters: The revisions shift existing fund balances and appropriate reserves to reflect midyear revenue and expenditure trends, and add one new capital…
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