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City accepts second‑quarter financial report; staff flags timing, revenue and expense variances
Summary
Beavercreek City Council accepted the city's second‑quarter financial report. Finance staff reported revenue and expenditure items largely within expected benchmarks, highlighted timing issues for property tax settlements and a developer delinquency affecting receipts, and noted higher 9‑1‑1 dispatch costs tied to a new web‑based system.
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…
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