East Ridge finance staff reports FY27 first-quarter revenue and expenditures
Staff told council the FY27 general fund revenue projection is $29.2 million, with about $11.5 million received through the first quarter and expenditures just under $7.0 million year to date; property tax receipts were noted to arrive later in the fiscal year.
The full story
Finance staff presented the quarterly financial report for fiscal year 2027 through the first quarter. The budget anticipates $29,200,000 in general-fund revenue for the year; at roughly 25% of the fiscal year staff reported $11,500,000 in general-fund revenue received to date. The presentation noted that property-tax receipts are minimal in this quarter because they are typically collected in the second half of the fiscal year.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in