Hobart finishes 2025 with fiscal firsts, including rainy day fund

Hobart finishes 2025 with fiscal firsts, including rainy day fund

The city of Hobart closed 2025 with some fiscal firsts, Hobart Clerk-Treasurer Deborah Longer said. Longer, the city’s clerk-treasurer for 23 years, said the Hobart City Council for the first time approved the creation of a rainy day fund. The city council also took a pass on its approval of utilizing any tax anticipation warrants for 2026. “It’s very good news for us,” Longer said. Longer said the $2.3 million placed in the rainy day fund is mo…