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Highwood treasurer: revenues above expenditures; city saving for major 2027 capital projects
Summary
The treasurer reported revenues exceeding expenditures for the six months ending Oct. 31 and said staff are preparing a budget and saving for large capital projects planned for 2027, described as among the city's largest in history.
The City of Highwood treasurer told the council that revenues are coming in above expenditures for the six months ending Oct. 31 and that staff are preparing the budget with confidence. The treasurer said the city plans to set aside funds to support large capital projects expected in 2027, noting they will be some of the largest and most expensive capital projects in Highwood's history.
In the meeting the treasurer summarized current revenue and expenditure trends and emphasized conservative budgeting for upcoming capital needs. "We are where we're expected to be," the treasurer said in the report. Council members moved to approve the treasurer's report; the motion was seconded and members voted in favor.
The transcript provides no dollar amounts, project names, or detailed timelines for the 2027 capital projects; those specifics were not stated in the recorded remarks.
