Medical Lake reviews Q2 budget

MEDICAL LAKE — During the August 20 city council meeting, City Finance Director Koss Ronhault presented the 2024 second quarter budget report, offering insights into the city’s financial health and potential adjustments to be made as the year progresses.

Ronhault shared that the general fund is performing as expected, with revenues at 53% and expenditures at 42% of the annual budget.

“We’re seeing sales tax, gas tax, electric B&O, and building permits coming in above expectations,” Ronhault said. He noted that while each department’s budget is off to a slow start, it reflects the typical patte...