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Warrenton amends 2024 budget to close audit timing errors; TIF reconciled
3763081 · June 4, 2025
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Summary
Finance Officer Megan Welder presented April financials and the board approved a 2024 budget amendment (Bill 27-25) to correct timing errors, move residual balances and comply with GASB standards.
The Warrenton Board of Aldermen voted 6-0 Tuesday to approve Bill 27-25, an ordinance amending the city's 2024 budget to resolve timing differences identified during the 2024 audit.
Finance Officer Megan Welder told the board the adjustments include a $15,000 correction in the interchange fund, moving $700 to the water-sewer surplus, and an accounting recognition of a $2,000,000 loan…
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