Evanston’s Finance and Budget Committee is looking to establish written policy for staff to follow when unexpected expenses arise.Evanston’s Finance and Budget Committee met earlier this month to discuss its 2024 goals, something many residents are keeping an eye on after the city expressed financial concerns during its 2024 budgeting process.
Reiches said identifying new grants could help bring the city new revenue options. Additionally, she expressed a desire to explore non-traditional revenue sources and bring it forth in policy to better preserve Evanston’s long-term financial security. Re-evaluating expenses at or above either a $10,000 or 10% cost increase is another goal accompanied by reducing expenses for 2025.
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