Serving O'Brien & Clay Counties
City's total expenses tentatively lower than current year
The Royal City Council on Tuesday crunched numbers to sketch out the town's budget for the coming fiscal year.
Once the tally was totaled, FY25's budget was estimated at $449,200. That was $59,000 less than the current year, which is $508,200.
Most of the savings stem from water utility expenses. Since the city relinquished its water utility to Iowa Lakes Regional Water last year, it seemingly won't need too much money – if any – from that account.
The council budgeted $90,000 for the water utility in FY24. Next year, it plans to budget $5,000.
"I think we need to run a calendar year [with $5,...