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Finance director reports second-quarter finances on target; committee accepts accounts payable
Summary
The committee received a June 30, 2025 financial report showing general fund revenues and expenditures roughly on target, strong pool revenues, higher legal costs tied to a zoning lawsuit, and projected Renewal Monona receipts; the committee accepted the general fund accounts payable.
Mark, a city staff member, presented the city’s financial report through June 30 and told the Finance and Personnel Committee that general‑fund revenues and expenditures for 2025 are broadly on target and the city is likely to finish the year with a small surplus. Mark highlighted areas the city is watching, including legal costs that rose in part because of the George Kinsler zoning lawsuit and street work in public works that…
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