• Hannah Weikel

Belvedere to dip into reserves to tackle city projects


Belvedere officials anticipate the city will have to dip into its savings by more than half a million dollars next fiscal year to fund $1.6 million in capital-improvement projects, to provide raises and training to nearly all staff and to continue operations of its full-service Police Department that brought on a new chief earlier this month. At its May 13 meeting, the City Council unpacked a $9.26 million draft operating budget for fiscal year 2019-2020 on $8.61 million in revenues, with a spending gap of about $654,000 to be covered by reserves and funds carried over from last year.

For the full story, pick up this week's edition of The Ark on newsstands or SUBSCRIBE NOW for home delivery.


9 views
Recent stories