Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
City manager presents $15.2 million revenue forecast as council readies budget
Summary
City Manager Henry told the council the proposed budget is being built on a forecasted $15.2 million in revenues, an improvement from prior deficit years; he said staff will continue to scrub leases, contracts and benefit costs before publishing a proposed budget for public review.
City Manager Henry presented the high-level numbers the administration will use to build the proposed fiscal-year budget, saying the working forecast for total revenues is about $15,200,000.
"We're forecasting we'll be at 15,200,000," Henry said, noting the figure is consistent with audited results in most prior years and that a $500,000 2024 audit adjustment is not being assumed in this projection. He told council staff will recheck leases, contracts and inflation assumptions before publishing the proposed budget.
Henry said he aims to deliver a balanced proposed budget but warned there are variables to reconcile, including health insurance claims and long-term illness claims that have affected premiums. He recommended scrubbing enterprise and property-tax calculations and said departments can still request changes before the proposed budget is published.
The manager said the draft will be provided to the city secretary for newspaper publication and public inspection, and councilmembers scheduled a follow-up workshop to review the draft before the public hearing schedule begins.
