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Mayor: Lebanon City ended 2024 with $891,498 surplus; February 2025 on track
2765349 · March 25, 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
At the council's March 24 meeting Mayor Sherry L. Capello reported the city closed 2024 with a $891,498 surplus and said February 2025 revenues and expenditures were tracking near budgeted proportions; March will show real estate tax receipts.
Mayor Sherry L. Capello told the Lebanon City Council on March 24 that the city ended the 2024 fiscal year with a surplus of $891,498.
Capello said that as of Feb. 28, 2025, with 16.67% of the 2025 budget year…
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