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Lebanon City reports revenues outpacing expenditures through May 31, 2025
Summary
Mayor Sherry Alcopello told council on June 23 that with about 42% of the budget year complete, revenues stood at 59% and expenditures at about 33%, and the city is performing better than budgeted for this period.
Mayor Sherry Alcopello briefed the Lebanon City Council on June 23 on the budget status for Jan. 1 through May 31, 2025, reporting that roughly 42% of the fiscal year has elapsed while revenues are at 59% and expenditures are under 33%.
"With about 42% of the budget year completed, revenues are at 59%. Expenditures are not quite 33%, so we are performing better than budgeted in both categories," Alcopello said. Council and press had no questions during the meeting; the mayor invited inquiries but none were raised.
The council confirmed the May meeting minutes during the same session; there was no recorded amendment to the budget report at the June 23 meeting.
