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Overbrook treasurer: year closed within budget; CPA contract signed
Summary
City staff reported the 2024 fiscal year closed within budget authority and the city signed a contract with Bryan Nyp, CPA. Officials said interfund transfers will be made to balance accounts and department budgets will be prepared for the new year.
City staff told the council on Jan. 8 that the 2024 fiscal year closed within the city's budget authority and that the city has signed a contract with Bryan Nyp, CPA, to provide accounting services. Staff said they will complete year-end transfers to balance funds and begin preparing department budgets so units may plan for 2025.
The treasurer's report noted the group "has been working hard on getting the end of the year stuff cleared up" and emphasized a need for timely department submissions; the council requested the library's monthly report, which was not submitted for this cycle. No formal vote was required for the report, though council approved routine consent items later in the meeting.
