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Auburn reports $2.8 million gap as city draws down fund balance in second-quarter review
Summary
City finance staff told the Council at a Sept. 8 study session that through June 30 the general fund had collected more than budgeted in some categories but overall spending exceeded revenues by $2.8 million, reducing fund balance and leaving $6.3 million in ARPA funds unspent.
Director Thomas, finance director for the City of Auburn, presented the city’s second-quarter 2025 general fund report at the Sept. 8 study session, saying the report covers revenue and expenditures through June 30, 2025. "We have collected 11% more in revenue year to date compared to our budget," Thomas said, and added the city has spent $2,800,000 more in 2025 than it has collected through that date. The presentation noted the 11% favorable collection versus budget but a 5% shortfall compared with the same period in 2024, a difference Thomas attributed largely to one-time transfers of about $4.2 million into the general fund in 2024 tied to ARPA and grants.
Thomas told the Council the city is drawing down fund balance as planned: "we are spending down some of that fund balance, which is how we did budget for that," and projected that the current pace will reduce that balance over the next four to six years. The report showed property tax revenue—budgeted at $25 million…
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