Pinehurst budget overspending lower than originally expected
PINEHURST -— The Village of Pinehurst Council met Tuesday, Feb. 27, approving a fiscal 2024 mid-year budget amendment to the general fund. “I met with the managers and department heads to come up with our revenue and expenditure projections for the remainder of this fiscal year, FY24,” Financial Services Director Dana Van Nostrand told the board. “We’re estimating that our expenditures will exceed the revenues by approximately $541,000. If that is the year end result, we would be drawing down from fund balance, but our original budget for FY24 anticipated us having to draw $600,000 from fund balance, so we…