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Council adopts Spring Street urban renewal supplemental budget after higher tax and interest revenues

3651408 · June 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The city approved a supplemental budget for the Spring Street Urban Renewal Fund to recognize higher than expected tax and interest revenues and to budget full debt‑service payments.

Klamath Falls City Council adopted a resolution on June 2 to amend the Spring Street Urban Renewal Fund budget after staff reported tax and interest income exceeded original estimates.

Finance Director Jessica Lindsey said revenues were higher than anticipated…

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