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Stevensville finance report flags low reserves, airport and sewer cost pressures
Summary
Town staff told the council the general fund balance and several enterprise funds are low; staff recommended budget amendments for building inspections and flagged airport and sewer cost overruns ahead of the budget workshop.
Town staff presented a cash and budget report at the July 16 Stevensville Town Council meeting that showed constrained reserves in the general fund and cost pressures in several enterprise accounts.
Robert and Gina (identified in the meeting as town staff) told the council the town bank balance and general fund remain low. "If you look at kind of the concerning 1 is the general fund, it's staying about 237,000," a…
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