Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Adjustment topic
No spam. Unsubscribe anytime.
Terrace Park council adopts emergency resolution empowering CFO to revise 2025 budget
Summary
Council advanced and adopted Resolution 9-1-2025 to allow the chief fiscal officer to revise the 2025 appropriations to reflect reimbursements (noted in the meeting as an EMS training reimbursement of about $11,400); the resolution was also adopted as an emergency.
The Village of Terrace Park council advanced and voted to adopt Resolution 9-1-2025, which empowers the chief fiscal officer to adjust the 2025 appropriation budget to reflect new or updated revenue and reimbursement items.
Finance chair LeMay introduced the measure and noted the adjustment is related to an EMS training reimbursement grant/service reimbursement of roughly $11,400 (the transcript records the figure as $11,400–$11,500 in discussion). Council members voted to advance the resolution and later voted to adopt it as an emergency measure. Votes recorded in the transcript were affirmative by those responding.
LeMay said the reimbursement program has defrayed training costs in prior years and the council hopes it will continue; he asked the council to allow the chief fiscal officer to revise the appropriations to accept the funds and account for the training reimbursement.
Next steps: The chief fiscal officer will revise the 2025 appropriations budget as authorized and the village will proceed with accounting and reporting consistent with grant requirements.
