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Commission to transfer $1.433 million from general‑fund surplus to construction for Fire Station 5
Summary
Staff recommended transferring $1,433,000 from the city—s unassigned general fund balance to the construction fund to cover part of Fire Station 5 costs; the transfer follows a fiscal‑year 2024 surplus and is intended to leave the fund balance at the city—s 30% target.
City staff told the commission they are recommending a transfer of $1,433,000 from the general fund unassigned balance to the construction fund for use on Fire Station 5.
Staff said the city finished fiscal year 2024 with a $5.16 million surplus that increased the unassigned fund balance to $23,788,000. Under city policy, the commission maintains a 17% required fund balance and a…
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