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Finance reports midyear budget healthy; city cash at $15.8 million with $11.1 million in water reserves
Roosevelt City Council · January 21, 2026
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Summary
Finance staff presented a midyear review showing the city’s total cash at $15.8 million, with $11.1 million attributed to the water utility; the council approved the financial review by motion.
City finance staff presented a midyear budget review showing generally positive fund trends and sufficient reserves. Finance staff member Zeke told the council the city currently holds about $15.8 million in cash, and that $11.1 million of that is earmarked to the water utility. Staff noted the general fund…
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