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Finance director previews FY25 budget at Bloomington council public hearing
Summary
Finance staff presented a public hearing on the FY25 budget, saying the proposed budget will be presented to council for adoption at the next meeting in two weeks and that required notices and public meetings have been conducted; details on specific line items were not fully recorded in the transcript.
City finance leadership opened the public hearing on the fiscal year 2025 budget and told the council the administration will present the budget for adoption at the next council meeting in two weeks.
Scott Rathman, identified as the city’s finance director, summarized the public meeting requirements and the timeline for adoption. "This public hearing is right before the next council meeting... We know what the budget is. It's we're very proud to, present to, council next week for adoption," Rathman said. He referenced capital projects and reserves without detailing specific line items in the recorded segment.
Staff indicated the presentation and public hearings required by city code have been completed and that council would see the adoption item at the next meeting; the transcript did not include a formal vote or final adoption during the provided segments.
