On Monday, the Roanoke City Council will hold a public hearing to adjust the FY25 budget to reflect over $16 million in extra revenues collected. The extra revenue, Margaret Lindsey, the city’s director of finance, said, will roll into the fund balance and will be used to pay off some of the city’s overspending on overtime.
She said the city spent $6.7 million in overtime, on a budget of $1.8 million. $4.25 million of the extra revenue will be used to pay off overtime spending.
“This won’t cure all of that differential, but it’ll definitely help,” Lindsey said…