Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lindsay council reviews 2023–24 unaudited actuals, flags multiple fund deficits
Summary
City staff presented unaudited 2023–24 actuals showing a general-fund shortfall and several restricted funds running planned or unplanned deficits; council approved the unaudited report and urged close monitoring and staff training on budget coding.
Lindsay — City staff presented the 2023–24 unaudited actuals to the Lindsay City Council, detailing account-by-account beginning balances, revenues and expenditures and flagging several funds that require monitoring or corrective action.
Key figures presented: Staff reported the general fund began fiscal 2023–24 with a negative beginning balance of $816,134.45. The year’s revenues were reported as $10,000,017.81 and expenditures…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
