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Weatherford council approves budget amendment after debate over $500,000 capital set‑aside
Summary
The City Council unanimously approved an ordinance amending the FY2018 budget to obligate funds for maintenance and capital-like projects, after debate over whether to tap a $500,000 sales‑tax set‑aside intended for long‑term capital projects; staff will clarify the fund's policy in the next budget cycle.
The Weatherford City Council voted unanimously to approve an amendment to the fiscal-year 2018 budget that authorizes interdepartmental transfers and the use of dedicated property-tax and sales-tax receipts for a list of maintenance and capital projects.
Assistant Finance Director Kyle Lester told the council the amendment includes previously discussed items totaling $166,349, additional police grant funding and interdepartmental transfers to use a portion of dedicated property-tax receipts for facilities maintenance projects. "Those amount to…
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