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Crescent City council adopts midyear budget adjustments after staff reports a $500,000 one‑time revenue gain
Summary
The Crescent City Council adopted a midyear amendment to the 2024–25 budget after Finance Director Linda Lever reported roughly $500,000 in net positive changes driven by a one‑time building permit, higher lodging taxes and interest, offset in part by wage vacancy savings.
The Crescent City Council on Monday adopted a midyear amendment to its 2024–25 budget after Finance Director Linda Lever told the council staff’s July–December review showed a positive shift driven largely by one‑time revenues.
Lever told the council that a delayed large building permit produced about $330,000 in one‑time revenue, and that transient occupancy taxes and interest earnings have come in stronger than budgeted. “So the total revenue change is just over $500,000,” Lever said, summarizing staff’s midyear projections.
The city is also projecting lower personnel costs so far this year…
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