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Montclair council approves midyear budget review showing $298,735 shortfall
Summary
The Montclair City Council approved a midyear review that raises FY 2024–25 appropriations by $359,018 while projecting $60,283 in additional revenue, producing a $298,735 shortfall staff said would likely be covered by reserves if revenues do not improve.
The Montclair City Council on Feb. 15 approved a midyear review of the city’s FY 2024–25 general fund budget that increases spending authority by $359,018 and projects $60,283 in additional revenue, leaving a $298,735 deficit that staff said would be covered from reserves if necessary.
Finance staff presented department requests and recommended transfers during the special meeting. “The total requests were just over 1,600,000.0, and we reduced that to $359,018,” the finance presenter identified in the transcript as Kolbeck said, summarizing recommended changes across Police, Fire, Public Works and building maintenance. Kolbeck told the Council that some capital repairs — including flooring at the senior center and nonwarranty roof repairs — will be paid from lease revenue bonds and will not affect the general fund.
City Manager Star placed the shortfall…
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