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Larkspur council approves midyear budget amendments, adds OPEB contribution and library reimbursements
Summary
Council adopted a midyear budget amendment that increases general fund and special‑revenue appropriations to reflect higher property and development receipts, a one‑time reimbursement for the library project and an additional OPEB trust contribution.
The Larkspur City Council on Wednesday approved midyear budget amendments that increase the general fund and special‑revenue budgets to reflect stronger‑than‑expected property‑tax and development revenues, a private donation for a park project, and updated cost estimates for the Central Marin Fire Authority.
Administrative Services Director Amelia Gabrielle summarized the changes as a net increase in general‑fund revenue and transfers driven by a higher first property‑tax payment from the county and stronger building permit activity through the first…
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