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Hyattsville undersold spending during budget process

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

Claire Panak Tombes
Sep 02, 2024
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Route One Finance
Route One Finance
Hyattsville undersold spending during budget process
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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…

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