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Finance director reports April revenues near $4.9M; year-to-date shortfall narrows
Summary
Finance director Rhonda presented the April 30 financial report showing monthly revenue just under $4.9 million and month expenses around $4.2 million; year-to-date expenses and net loss figures were discussed alongside sector-specific updates for business licenses, impact fees, hospitality and stormwater.
Finance Director Rhonda presented the Town of Summerville’s April 30 financial report, reporting monthly revenue “just under $4.9 million” and monthly expenses of roughly $4.2 million; she said year-to-date expenses were about $41 million and that the town’s year-to-date net loss had fallen to roughly $2.3 million.
Rhonda told the finance committee that April had been a strong month for business licenses and that the town was close to meeting its…
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