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Pullman finance director warns early signs show revenues leveling and cash balances dipping
Summary
Jeff Albrecht, Pullman’s director of finance and administrative services, presented the city’s first-quarter (Jan–Mar) 2025 financial report and warned that cash balances used to smooth operations are dipping and that several large capital expenditures are coming later in the year.
Jeff Albrecht, Pullman’s director of finance and administrative services, presented the city’s first-quarter financial update for 2025 (January–March) during the May 13 council meeting. Albrecht described revenue and expense trends, cautioned that quarter-to-quarter timing can distort comparisons, and said cash balances have been used to balance recent budgets.
Albrecht noted property tax provides about 30% of general fund revenue and is collected mainly in April and October by the county (submitted to the city in May and November), so first-quarter…
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