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Ross council accepts fiscal year 2024–25 year-end report; council approves consent items
Summary
Town staff reported a $1.4 million positive variance for fiscal year 2024–25; council approved the year-end financial report and consent agenda items by roll call votes of 4–0, and authorized a $200,000 discretionary CalPERS payment and transfers to capital reserves.
The Ross Town Council reviewed and accepted the town’s year-end financial report for fiscal year 2024–25 on Oct. 9, approving related consent items in a unanimous roll-call vote.
Town Finance Officer Krista (last name not specified in the record) told the council operating revenues finished about $1 million over budget while expenses were roughly $500,000 under budget, producing a roughly $1.4 million positive variance for the year. Council voted to accept the report and approved consent agenda items by a 4–0 roll-call vote.
Krista said the favorable…
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