Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Gurnee finance director says first-quarter revenues are ahead of seasonal budget; amusement tax lags
Summary
Finance Director Bridal Gosnell told the Village of Gurnee Board on Sept. 22 that first-quarter FY2025–26 revenues are running about 8.9% ahead of the seasonally adjusted budget overall, while amusement tax and use tax trail expectations. The report noted timing-driven expenditure variances and no immediate threats to next year’s transfers.
Finance Director Bridal Gosnell told the Village of Gurnee Board of Trustees on Sept. 22 that first-quarter financial results for fiscal 2025–26 show revenues running ahead of seasonal expectations overall, though amusement tax and use tax are trailing. Gosnell said total cash and investments at the end of July were about $49.8 million (excluding pensions), with 12% in checking, 55% in money market accounts and 33% in investments. Through the first quarter,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
