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Mayor: higher starting fund balance but insufficient funds for IT improvements
Summary
Mayor Kennedy Horstman told council the general fund has a higher-than-expected starting balance but still lacks sufficient funding to cover needed IT and financial systems improvements, shaping budget priorities for the year ahead.
Mayor Kennedy Horstman presented the mayor’s budget report focusing on the general fund and top funding priorities, noting a higher starting fund balance than expected. Despite that positive variance, Horstman said the city still does not have enough to fund needed improvements in IT and the city’s financial systems, a constraint referenced repeatedly during council discussion.
Council discussed the priorities the mayor outlined and used the report to frame subsequent motions, including the adoption of a budgeting process for total compensation and a future agenda item on updating commissions. The mayor’s report therefore served as the council’s policy orientation for the remainder of the workshop.
