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City reports first-quarter finances, year-end 2024 and housing development updates
Summary
Finance staff presented a first-quarter 2025 dashboard and a 2024 year-end report showing general fund performance near budget; building permit intake was slow early in 2025 but multiple residential developments are moving forward.
Finance Director Sandy Hines presented the City of Buckley’s first-quarter 2025 financial dashboard and the 2024 year-end report during the council meeting, outlining revenue and expenditure trends and noting where staff are watching performance.
Hines said general fund revenues were below the 25% first-quarter benchmark because several revenue streams (notably property tax) are seasonal; overall general-fund expenditures were at about 32% but, after excluding an annual insurance payment, moved closer to a typical quarterly…
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