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Interlaken council reviews finances: road patching, brush removal and water system costs may push budget
Summary
Council reviewed accrual reports for the first four months of the fiscal year, noting road patching (~$58,000), wildfire mitigation costs, water-system contract work (~$30,000), and a planned rate study that could change water charges.
Council members reviewed the town’s accrual financial report for the first third of the fiscal year and discussed several large maintenance and capital items that will affect upcoming budgets.
The presenter said the town is about one-third of the way through the fiscal year and generally under budget so far, but highlighted significant road patching costs of roughly $58,000 and an additional expense expected to push road spending near $84,000 for the year. The town also reported about…
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