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Weed council approves budget adjustments and allocates $71,000 in TOT funds to local groups
Summary
Council approved two budget-adjustment resolutions to close fiscal 2022–23 and adjust the 2023–24 general fund (including transfers from a settlement fund) and approved transient-occupancy-tax allocations to local nonprofits and events, distributing the advertised averages to applicants.
Weed — The City Council voted to approve two budget-adjustment resolutions to tidy fiscal-year accounts and to distribute transient-occupancy-tax (TOT) dollars to local organizations that operate community events and visitor services.
Budget adjustments: Council approved Resolution No. 25-2024 to close out fiscal year 2022–23 and correct previously unrecorded adjustments. Staff reported the general fund showed a deficit in the close-out and that approximately $155,000 would be moved from Fund 37 (the Roseberg settlement fund) to cover shortfalls. Council also approved Resolution No. 26-2024 with year-to-year projections for 2023–24; staff said the general fund remains under strain and that a transfer of roughly $206,651 from Fund 37 would be needed to cover projected shortfalls.
Why it matters: Council members pressed for…
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