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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 presented in the packet. Sales-tax collections through April were discussed and staff reported April sales-tax receipts of $557,004.48 and a year-to-date sales-tax figure shown in materials. Year-to-date general-fund expenditures were presented as $9,137,777, producing a general-fund negative variance of roughly $227,006 as reported in the packet. Staff reported solid-waste and utility fund balances as positive and said the golf-course fund is also positive.
Councilors asked clarifying questions about interfund transfers and fleet repairs; staff said enterprise funds were being allowed to operate on their own this year without interfund transfers, and that while the city still has an older vehicle fleet, the immediate need for major repairs appears lower than in the prior year. Specific invoices and minor line items (portable restrooms, fence repairs) were flagged for later follow-up.
The report was received and staff answered council questions; no formal council action was required on the summary presentation.
