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Finance director reports strong interest income, reimbursements; committee hears about sewer-plant chemical costs
Summary
Sunbury finance staff told the June 18 committee that year-to-date interest income stands at $325,000 of $400,000 budgeted and highlighted reimbursable grant and capital expenses; the committee also discussed recurring wastewater chemical costs.
Sunbury’s finance staff reviewed year-to-date revenue and expense reports to the finance committee on June 18, reporting strong interest income and several reimbursable grant and project expenses, and the committee discussed recurring chemical costs at the wastewater treatment plant.
Finance staff said interest income is at $325,000 of a $400,000 budgeted total as of May 31. The packet also shows $98,406 in other intragovernmental revenue year to date, of which $52,000 was a reimbursement from Big Walnut Local Schools for two school-resource officers covering half a year. Staff noted the city also recorded a Martindale…
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