Hyattsville undersold spending during budget process
Recent budget document claimed city had $4.1 million general surplus from 2022 and 2023; city now says they barely broke even those years
During the fiscal year 2025 budget process, Hyattsville city staff told the city council that the city’s general fund balance increased by $2.9 million in FY 2022 and another $1.2 million in FY 2023 because the city collected more money than it spent. However, according to documents released Saturday, the city now says its general fund balance only incr…
Keep reading with a 7-day free trial
Subscribe to Route One Finance to keep reading this post and get 7 days of free access to the full post archives.