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Finance director: Hutto ended fiscal year ahead of budget on some lines; general fund balance above reserves
Summary
Finance Director Alberta Barrett presented the preliminary September 2025 financial report showing higher-than-budget revenue driven partly by settlement proceeds, lower-than-budget expenditures, and specific fund balances including nearly $8.5 million in the Economic Development Corporation fund.
At the Oct. 16 council meeting Finance Director Alberta Barrett presented preliminary financial results through September 2025, the municipality's fiscal-year end. Barrett described the report as preliminary pending final year-end postings and the audit.
Highlights she reported included general fund revenues of about $33.9 million versus a budget of $32.9 million, driven by a settlement receipt of roughly…
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