Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance director reports FY25 second-quarter results: revenues, expenditures and investments; county tax timing and bond receipts noted
Summary
Finance Director Donovan presented the city's FY25 second-quarter financial report (to Dec. 31, 2024), noting all-funds budgeted revenue and expenditures, general-fund performance to date, investment yields and liquidity; he said county property-tax distributions remain delayed and that the city is managing cash to support Prop W payments
The city's Finance Director Donovan presented the fiscal year 2025 second-quarter budget update to the Webster Groves City Council on Feb. 4, reviewing revenues, expenditures, general-fund performance, and the city's liquid investments as of Dec. 31, 2024.
Donovan reported all-funds budget figures and year-to-date results: the adopted all-funds revenue budget was roughly $45.4 million and the adopted all-funds expenditure budget roughly $43.6 million; year-to-date actuals as of Dec. 31 were approximately $13.0 million. In the General Fund, year-to-date revenues were about…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
