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Treasurer reports quarter-to-date budget status; council authorizes manager to renew maturing CD after public raises budget concerns
Summary
City treasurer reported fiscal-year-to-date revenues and expenses at about 75% of year; council approved Resolution R-2025-005 authorizing the city manager to close and reopen a maturing certificate of deposit. A resident urged council to prioritize workers and questioned the four-day workweek and overtime spending.
Gunbarrel City Treasurer Mickey Rainey presented the quarterly financial report on July 22, saying the city has completed roughly 75% of fiscal year 2025 and reported budgeted revenue and expense figures that Rainey described in the council packet as "5.6" (units not specified in the presentation). Rainey said year-to-date revenue was recorded as "4.6" and year-to-date expenses as "4.5" and told council that overall revenue collection was at about 80.93% of budget while total expenses were about 79.4% of budget.
Rainey highlighted that sales tax collections were at about 75.31% of expected and provided a department-level breakdown of expenditures and special-fund balances. He reported personnel listings and vacancies as of the end of June: a fire chief position…
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