Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance director presents quarterly report; council accepts TID annual reports and approves Ehlers contract and budget amendment
Summary
The director of finance reported March 2025 quarter results and presented tax-increment district (TID) annual reports; council voted to accept the reports, authorized a $2,500 contract with Ehlers & Associates for TID cash-flow work and approved a 2024 budget amendment to align appropriations with actual performance.
The City of Franklin’s director of finance presented the March 2025 quarterly financial report and the required tax-increment district (TID) annual reports at the Aug. 5 council meeting. Council accepted the reports, authorized a small contract with financial adviser Ehlers & Associates to assist with TID cash-flow updates and adopted a budget amendment to reconcile 2024 appropriations with actual performance.
Highlights from quarterly report: Through March 2025 the general fund balance was roughly $58.5 million and the city reported a $1.3 million…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
