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Commissioner warns Neoga general fund has dropped nearly $400,000 since Community Center purchase
Summary
Commissioner Schabbing reported that the city has lost 'almost $400,000' from the general fund since buying the Community Center in 2018 and urged review of rental contracts; council agreed to review contracts first.
Commissioner Schabbing told the council she has been watching the general fund balance deplete 'at an alarming rate,' and stated the city has lost nearly $400,000 since the Community Center was purchased in 2018. She asked the council what should be done with the building; councilors agreed to first review rental contracts before deciding on next steps.
The minutes do not record an immediate policy decision or budget amendment; they show intent to examine contracts and revisit options for the facility. No further financial detail (e.g., annual operating costs or breakdown of the $400,000 figure) was recorded in the minutes.
