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OFS projects small 2024 surplus; council questions department overspending and revenue drivers
Summary
The Office of Financial Services told the Budget Committee 2024 projections show about a $2.0 million positive variance driven by higher-than-budgeted revenue and underspending across most departments, while police, fire, DSI and parks are projecting overruns tied mainly to staffing, overtime and contract changes.
Miss Mitchell and Director John McCarthy of the Office of Financial Services presented 2024 year‑end projections showing an approximate $2,000,000 positive net variance between spending and revenue. "We are projecting to almost exactly bridal even with a $2,000,000 projected positive variance between spending and revenue," Miss Mitchell said, clarifying it as a small surplus after accounting for departmental overspending and additional revenue.
McCarthy walked the council through…
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