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Board accepts treasurer's report; members warned of revolving fund cap and overtime pressure
Summary
The board approved the treasurer's report after a presentation of January spending and balances. Directors warned the revolving fund is approaching its $80,000 cap and overtime and repair costs may force supplemental budget requests to the city council.
Unidentified Speaker 5 (role not specified) presented the treasurer's report, detailing monthly and year-to-date spending and account balances. "At the moment, in January, we spent $21,309.22," Speaker 5 said, adding that year-to-date spending was "$119,009.32" and leaving a balance of "$92,004.53." He also reported gift-fund and…
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