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Auditor says general fund roughly stable at midyear; AG collections boost revenue
Summary
City auditor reported midyear general-fund receipts and spending are close to estimates and that the attorney general’s office recently returned roughly $572,000 from collections; officials urged continued expense monitoring ahead of the fall budget season.
The city auditor told the finance committee that general‑fund receipts and disbursements were roughly even through the six‑month mark, and that an outside collections effort recently yielded nearly $572,000 in returns to the city.
The auditor said the general fund began the year with about $9.7 million, reported roughly $23.36 million in receipts so far and about $23.0 million in spending, leaving a…
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