Budget and Finance Committee reviews November financials, recommends FY25 amendment and hears audit delay

The Budget and Finance Committee met (date not specified) to review final November financials, discuss updated sales tax and property tax timing, recommend a Fiscal Year 2025 budget amendment to the Board of Mayor and Aldermen and hear updates on outstanding audits.

Mrs. Holdren, a staff member, told the committee she had emailed the final November financial statements earlier in the day and had distributed updated sales tax numbers. “These are the final November financials,” she said. She added that sales tax was “a little bit down from the same month last year,” but that the committee should watch holiday receipts and the December results.

The vote on the committee’s recommendation on Budget Amendment No. 2 came during the meeting. After a short discussion of the amendment’s details, a member moved a favorable recommendation; the committee voted in favor, passing the recommendation 3 to 0. Committee members directed that the recommendation be forwarded to…