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Budget committee approves Westfir FY2025–26 budget at $1.47 million
Summary
The City of Westfir budget committee voted to approve the proposed FY2025–26 budget totaling $1,468,356 and moved to set the permanent tax rate at 9.3036 per $1,000 of assessed value. Members also discussed a $40,000 interfund loan to address wastewater tank issues.
The City of Westfir Budget Committee voted on May 14 to approve the proposed fiscal year 2025–26 budget of $1,468,356.
Committee member S7 moved to approve the budget, and the motion carried after members voiced support. Staff had earlier summarized the package and confirmed the total proposal: "$1,468,356." The committee validated that seven of eight members were present, meeting the majority required to take action.
The approval followed an extended review of fund-level changes and line-item adjustments, including a proposed $40,000 interfund loan to the sewer fund. Committee members discussed next steps for repayment and possible bank financing if sewer revenues are insufficient.
The committee also reviewed technical adjustments to other funds and directed staff to circulate any follow-up materials for public record. The committee adjourned at 6:08 p.m.
