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Mount Pleasant reports steady finances; council accepts quarterly investment report
Summary
City staff presented March financials showing revenues near expectations and voted unanimously to accept the quarterly investment report required under the Texas Public Funds Investment Act.
City staff presented the city’s monthly financial report for the fiscal period ending March 31, 2025, noting year-to-date general fund revenues at 58.9% and general fund expenditures at 47.8%, and told council the utility fund is roughly on budget.
Council also voted unanimously to accept the quarterly investment report required under the Public Funds Investment Act (Texas Government Code, chapter 2256). The report showed total interest earnings of $639,474.65 for…
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