Review mid-year budget adjustments adding $8.5 million in General Fund revenue

Mid-Year Budget ReviewBudget

In Plain English

The city reviews its budget halfway through the fiscal year to adjust for actual revenue and spending. The General Fund would gain $8.5 million in new revenue and spend $7.9 million more than originally planned. If approved, the city keeps a $534,000 surplus in the General Fund plus additional money in other city accounts.

Auto-generated summary. Source: official agenda documents.