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Warrenton board adopts fiscal 2024 budget; finance officer reports revenue gains

Warrenton Board of Aldermen · November 6, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Warrenton Board of Aldermen adopted ordinance 60-24 on Nov. 5, 2024, approving the city's fiscal year 2024 budget. Officials cited stronger-than-expected sales and utility revenues and said roughly $185,000'$188,000 in ARPA funds will be reallocated for capital purchases.

The Warrenton Board of Aldermen voted 5-0 with one member absent on Nov. 5 to adopt ordinance 60-24, the city's budget for fiscal year 2024. The vote came after the finance officer summarized recent revenue performance and proposed reallocations.

Finance Officer Megan Walker told the board that year-to-date sales-tax revenue for the general fund was about $201,000 above projections, the transportation fund was up about $70,000, and the interchange fund was up…

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