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Council reviews midyear finances; sewer fund has about $28M in SDCs as city plans capacity options

5533070 · August 5, 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 finance staff reported mid‑year 2025 revenues and a rise in development activity on Aug. 4 and the council set a Sept. 18 public hearing for Ordinance 2025‑11, a 2025 budget amendment.

Finance staff presented a mid‑year financial overview Aug. 4 and asked the council to set a public hearing for an ordinance amending the 2025 budget. The presentation showed year‑to‑date increases in general sales tax receipts and development activity compared with the same period in 2024; staff recommended setting a budget‑amendment public hearing for Sept. 18.

Budget action. Council moved and approved to set a public hearing for Ordinance 2025‑11 (amending the 2025 budget) for Sept. 18. Deputy Mayor Bowman made the motion; Councilmember Ferrer seconded and the motion carried.

Sewer finances and…

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