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Finance director reports healthy early fiscal‑year balances; DPW updates lead‑and‑copper work and bridge inspections

Mayor and City Council of Havre de Grace · October 8, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Deputy finance director gave an early FY25 snapshot (general fund beginning balance $2,156,800; revenue and expenditure figures reported) and DPW discussed a lead‑and‑copper report due Oct. 16 and discovery of a lead pipe during a water‑main break; bridge inspection found mostly cosmetic repairs.

At the Oct. 7 meeting Havre de Grace’s deputy director of finance presented preliminary fiscal‑year 2025 figures and updates on the FY24 audit process. Abdul Abi reported a general fund beginning balance of $2,156,800, revenues recorded at $12,839,300 and expenditures at $6,351,000, leaving a current general fund balance of $8,645,100 at roughly three…

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