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Council adopts mid‑year budget amendment after finance staff flags lower revenue trends and funding needs
Summary
The council approved an ordinance amending the fiscal‑year 2025 budget after staff presented the March financial report and second‑quarter investment update; amendments reallocate funds, reduce some revenue estimates and increase expenditures for street contracted services, vehicle maintenance and emergency apparatus needs.
Balch Springs — The Balch Springs City Council on May 12 approved an ordinance amending the city’s fiscal‑year 2024–25 budget after staff presented the March financial report and a second‑quarter investment summary and requested several mid‑year technical and programmatic adjustments.
Interim Chief Financial Officer Tan Beatty presented the March financials and said staff are reconciling accounts and adjusting projections to reflect actual collections and expenditures. Beatty noted sales tax and mixed‑beverage tax receipts are collected two months in arrears and that several revenues were trending below prior…
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