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City manager warns Minot general‑fund reserves will decline if expenditures outpace tax revenues
Summary
City manager and finance staff presented a short slide deck showing general‑fund expenditures projected to grow faster than tax revenues, prompting council questions about a roughly 29% projected expense increase through 2027 and note that reserves include planned police building costs.
City staff told the Minot City Council during the manager’s report that recent budgeting work produced a three‑year projection showing general‑fund expenditures rising faster than tax revenues and that the city will need to use reserves to balance those trends unless corrective steps are taken.
The presentation explained the three data series: a top line for general‑fund expenditures (operations such as public safety, streets and administration), a middle line for…
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