Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Crescent City Council adopts midyear budget adjustments, projects $4.4 million year-end fund balance
Summary
Council voted unanimously to adopt Resolution 2025-5 amending the fiscal year 2024–25 budget after staff reported one-time revenue gains and lower wage spending from vacancies; ending general fund balance projected at about $4.4 million with a $2.5 million reserve requirement.
At a regular meeting of the Crescent City Council, members voted unanimously to adopt Resolution 2025-5, amending the fiscal year 2024–25 budget to reflect midyear actuals and projections.
Finance Director Linda Lieber told the council staff had updated the city’s July 1 starting fund balances based on the final audit and had prepared actuals for July–December plus projections for the rest of the fiscal year. "The total revenue change is just over $500,000," Lieber said, citing a one-time large building permit, higher transient occupancy tax receipts and stronger interest earnings.
The update also reflects lower wage and benefit spending tied to vacancies. Citywide, staff recommended a roughly 5% decrease in wages and benefits for the year to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
