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GV Council Expected to Adopt Budget Tonight

The City of Grass Valley is expected to adopt its 2017-18 budget when the City Council meets tonight. The 41-point-three million dollar spending plan is about nine million dollars more than revenues, but that’s because of one-time improvement projects to what are called enterprise funds–things ike sewer and water line improvements. Interim City Manager Tim Kiser says the financial health of the city has improved…

Listen to Tim Kiser 1

Employee benefits and retirement costs are something Kiser says they have to keep an eye down the road, as do all local governments. Another wrinkle to this year’s budget is the sinkhole. Kiser says federal dollars will cover almost all of the repairs, but the city has to write the checks now, and get reimbursed later…

Listen to Tim Kiser 2

The estimated cost of that project is over two million dollars. The preliminary budget was approved in May, and Kiser says there are very few minor changes. Tonight’s meeting is at 7 o’clock at City Hall.

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