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Rowlett reports $153 million in FY2024 revenue; staff proposes year-end amendments

2817405 · January 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented the comprehensive monthly financial report for the period ending Sept. 30, 2024: revenues exceeded the revised budget and staff recommended a year-end budget amendment included on the consent agenda.

City staff reported Jan. 7 that the City of Rowlett recorded approximately $153 million in revenues for fiscal year 2024, $17 million (12%) above the revised operating budget of $136 million. The presentation to the Rowlett City Council covered revenue and expense performance across funds and noted recommended year-end budget amendments that appeared on the meeting’s consent agenda.

Wendy Badgett presented the report, saying general fund revenues exceeded budget by about $4.6 million for FY24, driven in part by property-tax settlements and…

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