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Berkeley council adopts third-quarter budget amendment; creates opioid settlement fund
Summary
Council approved M30-25 to amend the FY 2024-25 budget and created an opioid settlement fund to track settlement receipts; staff said third-quarter adjustments improved the general fund and moved funds into capital improvement reserves.
BERKELEY, Mich. — The Berkeley City Council on May 5 approved motion M30-25, adopting the third-quarter amendment to the FY 2024-25 budget and formally creating an opioid settlement fund to track settlement receipts and related transfers.
Deputy Finance Director Amy Zareowski summarized the adjustments and said the amendment produced a favorable impact on the originally adopted budget. She cited reduced public safety expenditures (including a change to the K-9 vehicle expense and lower dispatch costs) and additional revenue from rental income as…
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