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Winooski treasurer reports modest general fund gain for FY25 Q3; enterprise funds face pressure from capital projects
Summary
Treasurer John Rauscher told council the city projects a roughly $100,000 general‑fund surplus for FY25 with an ending net fund balance of about $2.7 million, while enterprise funds (water/wastewater and parking) are showing short‑term losses tied to ongoing capital projects.
Treasurer John Rauscher reported to the Winooski City Council on the fiscal year 2025 third‑quarter financials (through March 31), saying the city expects a modest general‑fund surplus and continued pressure in enterprise funds because of capital projects.
Rauscher said the general fund is forecasting an annual surplus of about $100,000 and a net fund balance of about $2.7 million, roughly a 4% year‑over‑year increase. General…
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