City Finance Director Ron Eischens will give an overview of the city’s financial positions during the Bemidji City Council’s work session Monday.
Eischens is recommending the council move to use the city’s surplus to increase designated fund balance for cash flow and unexpected expenses.
The city has a surplus of about $1.1 million thanks to about $1.2 million in COVID funds the city received.
According to Eischens’ presentation, about $115,000 of those funds were spent on PPE and technology equipment, with the rest spent on staff time redirected to performing COVID-related tasks.
Since staff time was already budgeted in 2020, the previously-budgeted staff time is the source of the surplus.
The council will also discuss a city refuse contract during the work session.