City reports FY spending pace, audit schedule and $1M USDA allocation for Civic Center planning
City Manager Bill Reid reported General Fund expenditures of $1.26 million (about 72% of expected pace) after six months of the FY25-27 biennium; the city has scheduled catch-up audits with Umpqua Valley Financial and was allocated $1 million in USDA rural funds for a Civic Center project with a three-year planning window.
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City Manager Bill Reid reported the city's General Fund expenditures totaled $1.26 million after the first six months of the FY25-27 biennium, representing approximately 72% of where budgeted expenditure should be expected for that point in the period. Reid also said property tax receipts to date totaled $1.044 million against a $1.026 million budgeted amount and projected total receipts of about $1.126 million by June 30, 2026. Local fuel tax receipts for the first six months were $76,950.
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