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Carlin council approves tentative FY2025-26 budget amid projected shortfalls and proposed uses of reserves
Summary
The council unanimously approved a tentative FY2025-26 budget that shows significant projected deficits; City Manager Richard Braithwaite outlined deficit figures, potential revenue from new truck stops, a $2 million donation from Nevada Gold Mines toward a subdivision, and options to use reserves and grant funding for capital projects.
City Manager Richard Braithwaite presented the tentative fiscal year 2025-26 budget, reporting an initial projected deficit of $1.09 million that was reduced to $939,000 after accounting corrections. "The initial budget showed a $1.09 million deficit," the transcript records, and Braithwaite later said the revised figure did not include capital improvement projects.
Braithwaite outlined several funding variables: potential additional tax revenue of $50,000–$100,000 from new truck stops (Love's and TA), a reported commitment that "Nevada Gold Mines had committed to donating $2 million of the $3 million budget for the residential subdivision," and pending decisions on grant-funded projects such as LED ball field lighting. He said the city could pursue a CAPP grant for Arthur Springs and consider reallocating an EPA-designated $602,000 if needed.
Budget adjustments under consideration included reducing a planned senior center transfer from $270,000 to $100,000, increasing the boom lift budget from $19,000 to $50,000, and using the city's cash reserves to cover essential infrastructure investments. Braithwaite warned inflation and material costs could raise the price of delayed projects and that the current citywide budget picture showed a $6 million deficit with potential grants covering roughly $3 million of that total.
Denise Taylor moved to approve the tentative budget as presented; Cameron Kinney seconded and the council voted unanimously to adopt the tentative budget, while directing department heads to continue seeking operational savings before final adoption.
