Report shows city finances in good shape
City Council discusses looking cost increases
Last updated 11/8/2022 at 9:31am
RITZVILLE – When city Clerk-Treasurer Julie Flyckt laid out details of the city’s 2023 preliminary budget at the City Council meeting Nov. 1, she emphasized it’s strong fiscal condition heading into next year.
Though budget numbers showed an increase in year-over-year expenditures in some areas, she noted the city’s overall financial health remains strong.
Preliminary budget estimates show 2023 expenditures exceeding revenues by approximately $815,315 ($10,317,406 - $9,502,061).
Nevertheless, the city has retained adequate reserves to cover shortfalls. As her budget report state...