During a recent government meeting, officials discussed the city’s financial status, focusing on the annual audit and budget allocations for various departments. A key highlight was the review of fund balances, particularly the unassigned reserves, which have increased from approximately $4.8 million to an estimated $6.2 million. This growth is attributed to projects coming in under budget, allowing surplus funds to be redirected for capital projects rather than relying on current tax revenues.

The conversation also touched on the allocation of funds for public safety vehicles, with $1.7 million earmarked for this purpose. However, concerns were raised regarding the current status of fire truck funding. Officials noted that $81,000 remains available for fire truck upgrades, following the purchase of two used trucks from the county. This amount is expected to be depleted as the trucks undergo necessary repairs and updates.

Additionally, the budget for the upcoming fiscal year was discussed, with a decision made to exclude a $100,000 reserve for fire trucks, given the substantial amount already allocated to infrastructure reserves. The meeting also addressed salary structures, indicating that the proposed budget includes a cost-of-living adjustment of 3.2% based on the Southern Region Urban Consumer Price Index.

Overall, the meeting underscored the city’s commitment to fiscal responsibility while ensuring that essential services, particularly in public safety, are adequately funded. The discussions set the stage for future budget considerations as the city prepares for the upcoming fiscal year.