The Homewood budget for the next fiscal year that was approved Tuesday, includes changes made to a first draft that turned a deficit into a $75,000 surplus despite lowered revenues after the COVID-19 shutdown.
A draft budget presented to the board at its April 13 meeting by Finance Director Dennis Bubenik and Assistant Finance Director Amy Zukowski had a $172,604 deficit. The presentation did include potential spending cuts and revenue sources to close the gap, though.
Trustees asked financial staff to include both cuts and to generate more revenue in the final . . .
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