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Finance director reports healthy early fiscal‑year balances; DPW updates lead‑and‑copper work and bridge inspections
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 months into the fiscal year. He said staff have submitted management discussion and analysis documents to auditors and expect a first draft of the FY24 audit in the coming weeks.
Public Works Director (Speaker 5) reported that the city is finalizing a lead‑and‑copper rule compliance report with EA Engineering due Oct. 16, explaining the process for identifying likely lead service lines (based on house construction dates) and noting a lead pipe was discovered during a recent water‑main break. He also presented bridge inspection results from EA Engineering that identified primarily cosmetic repairs (for example, adding or replacing type‑3 object markers).
Council members asked clarifying questions about specific bridges (Greenway Farms) and signage; DPW confirmed there is no weight restriction issue for the bridge reported and that missing candy‑cane striped markers are a cosmetic/repair item addressed by the inspection.
What’s next: the city will distribute the lead‑and‑copper report to residents per regulatory timelines and expect an FY24 audit draft in the coming weeks.
