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Irondale council approves midyear budget adjustments after extended audit and finance debate
Summary
Council approved FY24–25 budget adjustments and accepted the FY23–24 audit after a lengthy public and council discussion about revenues, bond payments, retiree obligations and the need for a follow-up finance work session.
The Irondale City Council approved a package of midyear budget adjustments for FY2024–25 and accepted the city’s FY2023–24 audit after extended debate among council members and city leadership.
Mayor James D. Stewart Jr. told the council the city was not running a deficit: the year-to-date figures through March showed a surplus and revised projections still indicated a surplus. The mayor also said the city had made its bond payments on schedule and that some criticisms arose from reporting timing: bond payments occur April 1, July 1, Oct. 1 and Jan. 1 and would not appear in a March 31 report.
Councilwoman Cuellar pressed for item-level clarity and had circulated an alternative set of adjustments that…
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