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City treasurer reports $288,000 year‑over‑year drop in general fund, offsets in other revenue sources
Summary
Lincoln’s treasurer told the City Council the general fund is roughly $288,000 lower than a year ago, while some revenue streams — municipal sales tax, non‑home rule sales tax and video gaming tax — have increased year‑to‑date.
Treasurer Conso told the Lincoln City Council on Aug. 18 that the city’s general fund balance is down about $288,000 from the same point a year ago, and that the community has seen mixed revenue trends across other accounts. "We're still in, I think, good shape with that, but we are down a couple 100,000 from where we were, about 288,000 to be exact from where we were a year ago," Conso said.
The nut of the report: some revenue lines have increased enough to partially offset declines. Conso said year‑to‑date municipal sales tax…
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