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Commission reviews FY25 budget amendment; capital fund reserves tapped for property purchases
City Commission, City of North Lauderdale · November 10, 2025
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Summary
Finance staff summarized the FY25 amendment: general fund reserves reduced to cover consultant fees and a start-up for the solid-waste fund; capital-projects reserves include a $2.8 million drawdown for two property acquisitions, and insurance reserves were reduced to cover premium increases.
City finance staff briefed the commission on the second reading of the FY25 budget amendment.
The finance director said exhibit B was added to show residual balances. She summarized that the general fund reserves are being reduced by about $233,000 to cover consultant…
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