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Council Approves $196K Departmental Transfers and $1.365M Free‑Cash Transfers to Cover Year‑End Deficits
Summary
The council approved a $196,000 transfer from contingency to cover salary and operating shortfalls across several departments and a $1,365,000 free‑cash transfer to cover deficits in electricity, snow‑and‑ice and fire overtime accounts.
The Springfield City Council on June 2 approved two budget moves to cover year‑end shortfalls: a $196,000 transfer from contingency to several department accounts and a $1,365,000 transfer from free cash to cover deficits in utility, snow‑and‑ice and fire overtime accounts.
City finance staff member Cathy Buono told the council the reserve contingency line was $250,000 and she asked to transfer $196,000 to cover…
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