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Pasco reports $5.8 million draw from reserves in second-quarter financial update

5810905 · August 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff told council the general fund used roughly $5.8 million of reserves in the April–June quarter, driven by semiannual debt payments and capital spending; utilities funds showed a $22 million surplus largely tied to a sewer LID.

PASCO, Wash. — The City of Pasco reported a net use of nearly $5.8 million from its general fund reserves for the second quarter covering April through June, city finance staff said at the Aug. 4 council meeting.

The disclosure came during a presentation by Director Garcia on the citywide second-quarter financial report for the 2025 fiscal period. The report said the general fund shortfall reflected twice-yearly debt service payments and capital expenditures, while special revenue funds posted a combined positive impact of about $2.4 million.

City staff told council that utilities—water, sewer and irrigation—showed a $22 million positive impact in the…

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