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Crockett amends FY 2024 budget, records utility-fund gains and limited general-fund shortfall
Summary
Council approved Resolution R09C24 to amend the FY2024 budget, reflecting a small general-fund shortfall, a ~$648,000 increase to the water/sewer fund largely from USDA closeout, $375,000 in grants (CDBG) and a projected $312,000 net surplus across funds.
City staff presented and the council approved amendments to the fiscal-year 2024 budget to reconcile new revenues and unexpected expenses.
Staff said current-tax collections ran below projections, producing a modest general-fund shortfall of about $8,000, while the water and sewer fund posted an approximately $648,000 increase driven primarily by the closeout of a USDA loan and related project reimbursements. The packet also listed $375,000 in grant revenues (primarily a CDBG 2022 construction-administration/engineering allocation tied to the Martin Luther King project).
Staff described expense adjustments including police and fire overtime, additional data-processing bills tied to billing and financial software, repairs to equipment and civic-center maintenance work. The council asked for clarifications about items such as retained contract with a meter vendor (about $479,000 withheld for incomplete work) and transfers of sale-of-asset proceeds to cover bulletproof vests for the police department.
A motion to approve the budget amendment passed. Staff said the changes leave the city with an overall surplus of roughly $312,000 and that utility and grant revenues will be recorded into the appropriate accounts.
Next steps: staff will implement the line-item transfers approved by the council and monitor the utility fund’s ability to absorb planned capital and operating costs.
