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Tipp City Council adopts fall budget adjustments, advances $500,000 for sewer cash flow
Summary
The council approved a second-reading appropriations ordinance to reconcile 2024 revenues and expenses, covering large tax refunds, added police staffing and overtime in fire, and a $500,000 advance to the sewer fund while a $5 million sewer project is reimbursed by the Ohio Water Development Authority.
TIPP CITY, Ohio — Tipp City Council on Monday approved an ordinance adjusting the city’s 2024 budget to account for unexpected costs and revenues, including a $500,000 advance to the sewer fund to maintain cash flow during a $5 million sewer project. City Manager/Finance Director Ryan Green told council the advance would be repaid when the Ohio Water Development Authority reimbursement comes through.
Green said the fall…
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