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EDC financial report: $2.1 million fund balance, revenues ahead year over year
2946046 · January 28, 2025
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Summary
Staff reported sales tax collections slightly above last year, rental fees running at 29.7% of budget and a fund balance of $2.1 million; spending remains below budget so far.
Kennedale EDC staff presented the board with a financial update showing sales tax revenue slightly ahead of the prior year and a fund balance of about $2,100,000 as of the report.
Staff said rental fee collections stood at 29.7% of the…
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