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Danville council adopts midyear financial report; adjusts operating and CIP budgets
Summary
Council accepted the town’s midyear financial review and approved targeted operating adjustments and CIP appropriations, including $500,000 for storm‑drain repairs, grant funding for bicycle safety beacons, LED traffic‑signal retrofits, and a $1 million SCC regional fund allocation for landscape maintenance.
At its Feb. 17 meeting the Danville Town Council adopted the midyear budget report and approved midyear adjustments to both operating and capital budgets, finance staff said.
Finance staff told council general fund revenues were tracking above the adopted forecast, driven by property tax and interest income. Staff recommended several operating adjustments including funding for expanded recreation, arts and community services and…
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