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City finance report: real‑estate collections near 100% for year; council appropriates three small grants
Summary
Finance staff reported year‑to‑date real‑estate tax collections at about 99.8% of budget and said several revenue lines were near or slightly above budget. Council approved a resolution to appropriate three grants and a small donation.
Finance staff presented the city’s monthly financial statement on June 12 and reported that real‑estate tax collections are nearly complete for the fiscal year. "We have a budget for the year of 19,150,000. And as of today, we've received just a little bit over 19,100,000. So we are at 99.8% of collections," finance staff said.
Other summary points given in the presentation included: contracting business license (BPOL) receipts were running above budget in part because…
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