Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Finance topic
No spam. Unsubscribe anytime.
Webster board approves June financials and Budget Amendment #2 to close FY 2024-25
Summary
The Webster Board approved June financials and a line-item budget amendment reallocating funds to cover FY 2024-25 overages. Account balances and June revenues and expenditures were reported; the amendment passed unanimously and will be reflected in year-end accounting.
The Town of Webster Board of Commissioners approved the June 2025 financial report and Budget Amendment #2 for fiscal year 2024-25 at its July 2 business meeting. Town Clerk Stephanie Gibson presented June figures, reporting expenditures of $9,080.71 and revenues of $14,833.52, with account balances of $213,549.36 (First Bank Business Essential) and $319,731.31 (First Bank Money Market).
Commissioners reviewed recommended line-item adjustments to correct FY 24-25 overages. Commissioner Danell Moses proposed decreases of $800 from Professional Fees, $1,900 from Town Hall Office Expenses, $200 from Liability Insurance, $25 from Bonding Fees, $885 from Auditing & Accounting and $1,200 from Miscellaneous Expenses. Proposed increases were $885 to Traffic Enforcement, $365 to Town Hall Office Supplies, $225 to Government Dues, $335 to Government Payroll Expenses, $2,000 to Government Tax Collection Fees and $200 to Street Lights. Commissioner Core moved to approve Budget Amendment #2 as recommended; Commissioner Davis seconded and the motion carried unanimously.
The board also moved and approved routine items earlier in the meeting, including the agenda and the June 4, 2025 minutes. The amendment will be incorporated into the town’s year-end accounting and reviewed in August as part of closing FY 24-25.
