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Finance director reports September closes, flags FEMA reimbursement gap and budget outlook
Summary
Finance director Todd Turnyon told the council the books are substantially closed through Sept. 30, the city will produce revised budget projections in early November, and the city's FEMA-related fund shows a negative balance of about $950,000 due to reimbursements, insurance recoveries and FEMA depreciation rules.
Todd Turnyon, Harahan's finance director, told the council on Oct. 16 that the city's books were substantially closed through Sept. 30 and that staff will prepare revised budget projections for early November to guide amendment of the 2025 budget. He said he will meet with department heads and the mayor to propose amendments before year-end.
Turnyon and council members discussed…
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