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Council approves FY2025 midyear budget amendments, taps opioid-settlement funds for eligible costs
Summary
The council approved midyear adjustments that lower projected general-fund revenues by $52,500 (including a $454,000 revision to building-permit fee expectations) while increasing projected investment income and authorizing use of opioid-settlement proceeds for eligible expenses, producing a net improvement in projected year-end position.
Holland City Council on Dec. 18 approved midyear amendments to the FY2025 budget. Finance staff reported a modest net change: revenues were adjusted downward by $52,500 overall with the largest reductions tied to a $454,000 downward revision in building-permit fees (timing of large projects), a $75,300…
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