Wrangell Sentinel -

Assembly gives direction on general fund deficit

 

In one of their final budget workshops for FY 2021, the borough assembly gave

guidance to city administration to do as much as they can to close Wrangell's general fund deficit. According

to the agenda packet for the June 10 meeting the FY 2021 general fund was facing a deficit of $801,451. However, city administration is

anticipating that roughly $350,000 in wages for the upcoming financial year will be eligible for reimbursement through the CARES Act, "due to time spent on COVID-19 by existing staff through

December." This would

bring the deficit down to $451,451.

"Because of a lack...



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