Belvedere panel backs $1.38-mil plan to fund seawall, police upgrades, Strip cleanup
The surplus would shore up the crumbling Beach Road seawall, upgrade police facilities and cleaning up the shoreline under state orders.
Belvedere’s Finance Committee says the city should direct a $1.38 million budget surplus toward shoring up the crumbling Beach Road seawall, upgrading police facilities and the state-ordered cleanup of a historic shoreline parcel — capping a fiscal year in which revenues exceeded projections by $1.76 million.
The 3-0 Dec. 2 vote sends the recommendation to the City Council for approval at its Jan. 12 meeting. Committee members Patrick Feder and John Wilton were absent.
The funds represent one-time expenditures tied to the city’s unexpectedly strong performance in fiscal 2024-2025, which ended June 30. According to a report by administrative services director Helga Cotter, general fund revenues reached $10.98 million while expenditures came in $616,000 under budget.
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