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Eureka council adopts midyear budget amendment after presentation on sales tax drop and land purchase

Eureka City Council · February 21, 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

Council approved a midyear amendment to the FY 2023–24 budget after a finance presentation that flagged a $400,000 downgrade in a key sales tax stream and a proposed $1.4 million land purchase adjacent to Ocean View Cemetery that would show a larger general‑fund deficit.

EUREKA — The Eureka City Council on Tuesday adopted a resolution amending the fiscal year 2023–24 budget after a midyear review by Director Millar that outlined revenue revisions, department requests and a planned land purchase.

Director Millar told the council the city’s Bradley‑Burns sales tax projection was downgraded by about $400,000 and that the city appropriated “about $1,400,000 to purchase a piece of land adjacent to the Ocean View Cemetery.” Millar said that land acquisition, when added to the budget, would present an approximate $2,000,000 deficit in the general fund, though he expected that…

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