Hyattsville burns through $20 million in 2 years

New, unaudited numbers reveal Hyattsville’s total fund balance dropped to $11 million on June 30, 2024, down from $31 million on June 30, 2022

Hyattsville’s unaudited financials, released for the first time last week, reveal that the city spent $20 million more than it took in during fiscal years 2023 and 2024, largely driven by capital projects fund spending. The documents, which are part of the city’s bond offering scheduled to finalize today, August 29, are the first public disclosure of ca…