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Frostburg adopts budget amendments; corporate and water funds no longer need fund-balance drawdown
3853684 · June 18, 2025
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Summary
The commission approved Resolution 2025-25, a set of budget amendments that staff said eliminated the previously anticipated use of about $250,000 in fund balance for the corporate and water funds by updating revenue and expense assumptions.
The commission approved Resolution 2025-25, which aligns the city’s budget with year‑to‑date revenues and updated assumptions. Finance Director Amy Phillips presented highlights and changes.
Phillips said the corporate fund now reflects increased Maryland income‑tax receipts and additional…
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