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Beavercreek council approves supplemental appropriations; finance staff cites higher-than-expected bond returns fees and vehicle repair costs
Summary
Council approved Ordinance 25-11 on May 27, 2025, to authorize midyear supplemental appropriations and interfund transfers covering investment advisory fees, a vehicle-repair shortfall after an accident, chloride-reduction grant purchases and higher cash-bond payouts.
Beavercreek City Council on May 27, 2025 approved Ordinance 25-11, a single-reading ordinance authorizing supplemental appropriations, certification of additional revenue and interfund transfers for the 2025 fiscal year.
City finance staff told council the adjustments reflect several items identified since the budget was adopted. First, the city’s investment management moved…
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