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Council sets hearings on food-and-beverage and fire‑fund measures; hears year‑end appropriation report
Summary
Council introduced an ordinance to move food‑and‑beverage tax revenue into a new FAB fund to comply with state law, set a Feb. 24 public hearing, set a March 10 hearing for reestablishing the fire cumulative capital fund tax rate, and received a year‑end appropriations summary highlighting a retiree‑health transfer over $200,000.
Council heard several finance items and scheduled public hearings on two ordinances affecting budget accounting and tax-rate reestablishment.
Deputy Financial Officer Tom McDonald introduced Ordinance 11‑02‑26 to move and appropriate food‑and‑beverage (FAB) tax revenue into a newly established FAB fund to comply with a state law change. McDonald said…
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