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Board approves FY2025 budget ordinance after questions about year-end surplus
Summary
The Board of Mayor and Aldermen approved Ordinance 25-02, adopting the city’s 2025 budgets for multiple funds; board members and residents pressed staff for clarity about large mid‑year surplus figures and potential tax-rate implications.
The Board of Mayor and Aldermen voted 5 to 1 to adopt Ordinance 25-02, which sets fiscal year 2025 budgets across the general fund, street aid, solid waste, capital and other funds.
During discussion Alderman (name not stated in the record) asked for projections on where the city would end the fiscal year. Finance staff member Mr. Sones said projections showed the city was…
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