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Williamsburg financial snapshot: June revenues exceed expenditures by about $996,000; room and sales taxes trending near budget
Summary
Budget analyst Dan Deesberg presented the June financial report showing general‑fund revenues exceeded expenditures by about $996,000 as of June 30. Key revenue lines — real estate, sales, room and meals taxes — are close to budget; staff projects year‑end results in line with adopted budget.
Dan Deesberg, budget analyst, presented the city's June financial report on July 10, reporting that as of June 30 the general fund's revenues exceeded expenditures by approximately $996,000 and that general‑fund revenues were about 98% of budget.
Deesberg gave line‑by‑line snapshots: real‑estate tax collections were about $19.3 million (slightly above budget,…
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