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Finance director: Monmouth finished FY23-24 close to budget after department cuts; rec park funded with state grant
Summary
Finance Director Susie Marston reported preliminary FY23-24 fourth-quarter results: general fund revenues came in short of budget but department expense cuts improved the beginning fund balance by about $26,000; the Monmouth Recreation Park was completed with a $467,000 Oregon Parks & Recreation grant.
Susie Marston, Monmouth's finance director, presented the preliminary fourth-quarter financial report for fiscal year 2023–24 and said auditors are scheduled to review city books Sept. 30–Oct. 4.
Marston told the council general-fund revenue came in short of what was budgeted, but department leaders reduced expenditures, producing a beginning fund balance roughly $26,000 better than staff had anticipated: "Right…
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