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Council approves two budget resolutions to carry 2024 encumbrances into 2025 and cover negative balances
2097791 · January 9, 2025
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Summary
The council approved Resolution 2025‑01 and Resolution 2025‑02 to address negative account balances and to carry open purchase orders and encumbrances into the 2025 budget year.
The Town Council approved two budget‑related resolutions intended to close out fiscal year accounting issues and carry unresolved encumbrances into 2025.
Finance staff (identified in the meeting as Miss Hathaway) explained that…
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