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City reports $2 million general fund surplus in pre-audit FY25 statement
Summary
Finance staff told council the city ended FY25 with an un-audited $2 million surplus in the general fund and a larger all-funds variance driven by one-time items and unspent Destination WG funds. Sales-tax receipts remain a concern going into FY26.
Webster Groves Finance Director Greg Donovan presented the city's pre-audit year-end financial review on Wednesday, telling council the general fund closed FY25 about $2 million ahead of budget while the citywide picture showed variances driven by one-time receipts and multi-year project timing.
Why it matters: the reported surplus gives the city room to maintain service levels and to plan for near-term capital needs, but staff cautioned that revenue uncertainty ' chiefly sales-tax performance and the timing of federal and state funding '…
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