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Tenino council gives first reading to 2025 budget as leaders flag loan repayment and tight revenues
Summary
Council held the first public hearing and first reading of the city's proposed 2025 budget, highlighting a $735,000 carryover (interfund loan), planned debt service on an $1.8 million loan and conservative revenue assumptions; council asked staff for quarterly reviews and clearer bank-account reporting.
Tenino council members held a first reading and public hearing on the proposed 2025 budget on Nov. 12, as staff described constrained revenues and a significant loan repayment schedule.
During the work session and public hearing, staff explained that an interfund borrowing makes the starting carryover appear larger; they estimated a $735,000 carryover but cautioned that much of that reflects borrowed funds rather than available operating reserves. "So $624,000 of that is paying back that loan," an unidentified staff presenter said when explaining how loan repayment appears in the expenditure lines.
The draft budget assumes the city will carry and repay an $1.8 million…
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