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Clear Lake council adopts 2022–23 budget, eyes $14.8 million in debt‑funded projects
Summary
The City of Clear Lake unanimously adopted its 2022–23 budget and appropriations limit after a workshop presentation from Finance Director Kelsey Young. Council was told the city expects to close $14.755 million in debt financing next week to fund capital projects.
Finance Director Kelsey Young presented a fiscal overview and the City of Clear Lake’s City Council unanimously adopted the 2022–23 budget on a recorded roll call.
Young said the city’s all‑funds revenue projection is "just over $37,000,000" against "just over $39,000,000" in expenses but that carryovers and one‑time items make the plan structurally balanced. She flagged a $1 million homestead program carryover and an expected $516,000 in general‑fund reserves, describing the municipal staff as "extremely lean" for the…
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