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Council accepts second-quarter 2025 financial update; income-tax revenues remain above prior year
Summary
City staff presented the six-month financial report and second-quarter update; staff reported continued income-tax revenue increases year over year, an unencumbered Fund 23 balance relevant to EMS funding, and steady investment yields around 4.45 percent; council approved the financial update by a 6–0 vote.
City staff presented the six‑month financial report and the second‑quarter 2025 financial update, and council voted to approve the update.
Staff highlighted income‑tax revenue as the primary indicator, reporting continued increases compared with the prior year for five of the six months covered and noting a very…
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