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Finance director: property tax receipts arrived; sewer-lateral fund nearly exhausted
Summary
Finance Director Alexis Miller told the council the city has received most of its property-tax revenue and flagged sewer-lateral program funding as nearly depleted; capital spending related to Prop S began before bond receipts arrived.
Finance Director Alexis Miller presented the city’s second-quarter variance report on Jan. 28, telling the Maplewood City Council that property-tax receipts have largely arrived, a number of budget lines reflect timing differences, and some dedicated funds require attention.
Miller said the city received most of its property-tax collections for the fiscal year and noted timing explains many variance figures in the packet. She highlighted several items…
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