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Council accepts second‑quarter 2025 financial and investment reports; sales tax bump driven by a few large construction projects
Summary
Finance Director Jerica Pascoe presented the city’s second‑quarter 2025 financial status and investment reports, reporting projected revenues above budget driven by sales tax gains concentrated in construction and tech receipts; council voted to accept the reports.
The Ellensburg City Council accepted the city’s second‑quarter 2025 financial status and investment reports at its Aug. 4 meeting, after Finance Director Jerica Pascoe reviewed mid‑year performance and explained the drivers behind variances from budget.
Jerica Pascoe, Finance Director, told the council that overall revenues are projected "to come in above budget slightly with expenditures expected to come in under budget as required." She said the city’s apparent 16% increase in sales‑tax remittances over 2024 is concentrated in special sales‑tax categories…
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