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Finance committee forwards water and sewer budget reconciliations, including $500,000 transfer, to full council
Summary
The Bethlehem City Council Finance Committee recommended approval of six budget adjustments and one resolution, including a $291,000 sewer fund year‑end reconciliation and a $500,000 transfer from the water operating fund to the water capital fund, and forwarded the items to full council 3–0.
The Bethlehem City Council Finance Committee on Monday reviewed six budget adjustments and recommended approval of all six items to the full council, including reconciliations in the sewer and water capital funds and a $500,000 transfer from the water operating fund into the water capital account.
Chair Michael Cologne opened the meeting and outlined the agenda; he said the committee would consider items 1–5 as a group and then vote. Department head Ed Boscol presented the water and sewer items and explained that the adjustments reset fund balances from the October 1 budget baseline to a true January 1 balance.
Boscol said the sewer capital fund cash balance rose from about $6.5 million…
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