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Stevensville council reviews FY23-24 budget amendments and cash report; motion made to adopt amendments
Summary
Town staff presented budget amendments for fiscal year 2023-24 and a cash report showing timing differences in lighting districts and planned transfers to a water capital fund. Councilor Smith moved to adopt Resolution 558; a vote was not recorded in the transcript excerpt.
Town staff presented proposed amendments to the fiscal year 2023-24 budget and an informational cash report to the Stevensville Town Council, describing year-end adjustments, reimbursement timing for capital projects and reserves the town plans to place in capital funds.
Robert, a town staff member who presented the adjustments, said the amendments reflect higher-than-expected building code contract costs because of additional inspections and the electricity cost for five lighting districts (a figure in the materials included a listed item of $93,500). He said the town received an unusually small firefighter disability check this year—$7,850—compared with a typical figure he described as about $55,000, and that the town treats the payment as a pass-through for related retirement funds.
Robert told the council the town is waiting on reimbursements for recent water projects that will restore a temporary negative balance in an ARPA-related account once a roughly $150,000 reimbursement is received; he said the town expects a 90% reimbursement with a 10% local match and that, even after moving funds into a water capital account, the town is “still about 2 to 3 years out” before it can undertake larger water projects. He also briefed the council on airport work that included FAA grant activity and a planned master plan and fuel-station improvements.
Councilor Smith moved to adopt Resolution 558, “a resolution of the Town of Stevensville, Montana providing amendments to the budget for fiscal year 23-24.” The transcript excerpt records the motion but does not include a roll-call vote or final outcome.
The presentation and discussion were recorded as part of the public meeting; council members asked clarifying questions about lighting district timing, ARPA reimbursements, and the mechanics of moving money into capital funds.
