Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Budget topic
No spam. Unsubscribe anytime.
Marshville council adopts five budget amendments and two capital project ordinances
Summary
After a staff presentation on fund balances and fiscal procedures, the Marshville Town Council unanimously approved five budget amendments and two capital project ordinances and discussed scheduling a retreat and staff training.
The Marshville Town Council voted unanimously Jan. 5 to adopt five budget amendments and two capital project ordinances following a staff presentation on budgeting procedures and fund balances.
Christy opened the budget discussion by reviewing the timeline for upcoming budget meetings and noted the prospect of a council retreat on the five-year mock budget. She and John guided the council through the town’s budget ordinance and financial policy, explaining different funds, fund balances and approaches to funding large projects. The presenters emphasized the distinction between budgeting and accounting.
After discussion, Member Stephen Passarelli moved to approve the five budget amendments and two capital project ordinances; Mayor Pro-tem Ernestine Staton seconded and the motion passed with all members recorded as voting in favor. The meeting minutes note the council will pick up retreat planning at a later meeting and that Manager Franklin Deese will arrange Greensboro training for two council members.
The minutes do not list the specific line-item changes in the amendments; the record reflects approval of the amendments and ordinances but does not include dollar amounts in the transcript excerpts provided.
