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Finance committee approves free-cash transfers to cover snow and ice, utilities and fire overtime
Summary
The committee approved transfers from free cash to cover deficit spending for snow and ice removal, facility utilities and higher-than-expected fire overtime, totaling about $1.3 million; staff described causes and cautioned about future budget impacts.
The Springfield City Finance Committee voted June 2 to transfer roughly $1.3 million from free cash to cover current-year deficits, including storm-related snow-and-ice costs, higher facility utility bills and fire department overtime.
City finance staff said the transfers are to fund a $375,000 DPW overspend on snow and ice; about $190,000 for facilities snow-and-ice expenses; roughly $400,000 to cover electricity/utility overages; and about $400,000 for fire overtime. After the transfers staff estimated roughly $2.48…
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