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City reviews May 2025 month-end financials; general fund shows small deficit year-to-date
Summary
City staff presented May 2025 month-end financials: general fund revenues and expenditures, sales tax collections through April, and fund balances; overall the general fund showed a year-to-date negative balance while enterprise funds remained positive.
City staff presented the May 2025 month-end financial report and delivered the May check registers to the council.
Staff said general fund revenues stood at $8,910,174 (figure presented during the report) and cited a property tax budget of $2,125,081; staff also stated a year-to-date property tax collection figure of $22,837,003.49 as…
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