Ferndale passes 2015 budget with $18k deficit

FERNDALE — The Ferndale City Council voted unanimously on Monday to approve its 2015 operating budget, planning to spend $8.5 million from the general fund and, as it stands, pay for an $18,000 deficit out of the reserve balance, which stands at $1.3 million.
  The council voted last month to raise the Ferndale portion of the local property tax by 1 percent through banked capacity. A 2 percent hike, dipping into banked capacity, could have eliminated the current deficit.
  Councilmember Jon Mutchler initially moved to transfer $18,500 from the solid waste fund in order to eliminate the deficit. That failed 6-1.

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