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Ozark officials report stronger-than-expected fiscal-year 2024 results; audit pending
Summary
City finance staff presented a summary of fiscal year 2024 results to the Board of Aldermen, reporting an ending combined fund balance of $21.6 million—$6.3 million above projections—and stronger general fund revenues and lower expenses than budgeted. An external audit is underway and final results are expected in July.
City finance staff presented a high-level final report for the fiscal year ending Dec. 31, 2024, showing stronger-than-projected results across city funds.
The presenter reported the fiscal year 2024 combined revenue budget for all funds was $59.4 million, comprised of $37.3 million in estimated revenues and a $22.1 million projected carryover. The adopted expense budget across…
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