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Finance director reports improving revenue trends; city moves matching funds for East Terry pathway into fiscal year 1
Summary
Finance Director Lisa Griggs Roth presented the monthly financial report, noted improving sales tax and building-fee trends, and said the city moved a $270,000 local match for the East Terry multi‑use pathway forward in the capital improvement plan.
Lisa Griggs Roth, director of finance, presented the city’s monthly financial report for June and an update on budget planning for the next fiscal year.
Griggs Roth told council that sales‑tax receipts had trended down early in the fiscal year by about 7 percent but have shown a positive trend in recent months. She said the city budgets in line with state revenue projections and expects to meet budget…
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