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The Lamar City Council held its first meeting of 2021 this past Monday, January 11
th. City Treasurer, Kristin McCrea noted her findings for the city’s Water/Wastewater fund from 2016 to 2020 which indicated the operating expenditures for four of the past five years have been overspent. Her written report suggested the need to increase the fund balance in order to complete future capital projects. She recommended that for the 2021 budget, the city move closer to what the annual averages have been, based on a three-year history. McCrea outlined her goals including educating department heads on the differences between considered capital and operating expenses, explaining budget versus actual expenses and remaining within the budgeted guidelines for the year and develop an understanding of the needs of each department head to assist them to reach their annual goals. McCrea said the new, quarterly reporting system suggested by Administrator Kil will help with the financia ....

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