Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Board previews budget season, flags needed amendments and SRF loan draws
Summary
Board members reviewed budget workshop scheduling, noted roughly $25,000 currently in a fund pending county reimbursement, and flagged several line items for amendment tied to unbudgeted projects and SRF loan draws.
Board members reviewed upcoming budget workshop dates (starting the 8th) and discussed the need for a budget amendment to cover several unbudgeted projects, including Division Street payments and a TIF-related $9,900 item.
Staff said the fund currently holds roughly $25,000 until the county reimbursement arrives; once returned the fund could reach an estimated $230,000 (as described in the transcription). Timing for the county payment was uncertain; staff said they had been told the money should arrive by the end of the month but added caution: "we believe it when we see it." The board discussed that budget workshops typically require two to three meetings and that they may not need additional weeks.
No formal budget amendment was approved at the meeting; the board agreed to review highlighted line items and return with a motion at a later meeting.
