Mayor reports positive preliminary financials for ongoing fiscal year

The City of Pryor Creek's Budget Committee convened on July 8, 2025, to discuss the city's financial status and upcoming fiscal challenges. Mayor Bradshaw opened the meeting with updates on the preliminary financials for May, noting that while tax reports are still pending, the city is currently in a stable financial position.

The mayor highlighted that most departments are operating under 92% of their budget usage, indicating effective financial management. However, he cautioned that certain issues, particularly related to workers' compensation, could pose challenges in the next fiscal year. The committee reviewed net revenue over expenditures, which stands at $131,002.57, a significant improvement compared to the previous year.

Despite the positive outlook, the mayor emphasized that the city is not in a surplus situation and remains cautious about future financial planning. The meeting underscored the importance of addressing ongoing financial concerns while maintaining a balanced budget as the fiscal year progresses. The committee will continue to monitor these developments closely as they prepare for the upcoming budget discussions.