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Carlin management flags $1 million operational deficit, large capital projects cost $6 million
Summary
City management told the council the city’s reserves can cover near‑term needs but noted a $1 million operational deficit concern; major capital projects include a $4.8 million water upgrade and a $1.2 million splash pad, and staff proposed paying off a remaining USDA loan balance of $96,632.97 next fiscal year.
City Manager Richard Braithwaite reviewed the general fund and departmental budgets and flagged rising costs for legal and accounting services, with legal fees already $15,000 over budget and accounting projected to need an $80,000 increase. He said the city’s $14 million reserves could cover operational deficits and capital projects, but Mayor Holbrook expressed concern about a $1 million operational shortfall.
Braithwaite listed large capital projects: a $4.8 million water system upgrade and a $1.2 million splash pad. He also said the city should consider paying off its remaining USDA loan balance of $96,632.97 in the coming fiscal year to eliminate the last outstanding debt. Council asked staff for more detailed breakdowns of abatement projects and to provide updated premium information for insurance deductible options before finalizing the tentative budget.
