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Staff member reports $97,009.09 general fund shortfall in monthly update
Summary
A staff member reported the city's total general fund balance at about $3.9 million and said operating results before transfers showed a $97,009.09 shortfall; transcript includes restricted-fund amounts that appear to be transcription errors and are noted as such.
A staff member gave a brief financial update, saying, "So total fund balance in the general fund is 3,900,000," and that "revenues over and under expenses before we transfer from the general fund had a negative $97,009.09." The presentation listed restricted fund items that appear in the transcript as "$81.67" and "$7.02," which are likely transcription artifacts rather than accurate restricted-balance line items.
The staff member also described the sewer fund and cautioned that some numbers were informational rather than binding obligations. No formal vote or direction was recorded on the budget numbers during the exchange; officials asked staff to take the figures as context for upcoming budget work and follow up if needed.
