City finance staff presented the second‑quarter financial report for the first half of the year and council voted to accept the report.

Finance presenter (Mr. Graham) described the report as "probably 1 of the most uneventful discussions we'll have," saying most revenues and expenditures were within the 50% year‑to‑date benchmark. He said final property‑tax settlement figures were still pending and expected by mid‑August and noted one large delinquency from a public utility company had skewed first‑quarter results.

Key items flagged: planning and development fees trailed both budget and prior‑year receipts, which staff attributed to timing and the size/timing of filings; franchise fees are continuing a multi‑year decline of about 5% per year; and interest income was below last year though ahead of budget due to market rate changes. Within public safety and dispatch, emergency 9‑1‑1 expenditures were at 72% of budget year‑to‑date because the city implemented a web‑based PSISN system that increased software and internet costs.

Capital and intergovernmental revenues were behind benchmark because those revenues are tied to project completion and billing. Parks revenues were ahead of budget (77%) because summer programs are seasonal. Golf rounds were down slightly but revenue was up after pricing changes.

Council action: A council member moved and the council accepted the second‑quarter financial report by voice vote.

Ending: Staff will return with updated figures after the second half property‑tax settlement and will monitor PSISN costs and other timing issues as they prepare the 2026 budget.