Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Shelton finance director reports stronger-than-expected first-half revenues, fund balance higher than forecast
Summary
Finance Director Terry Pinter told the council Shelton’s April financial report shows an unreserved general fund balance of about $2.5 million, higher than projected, and year-to-date revenues modestly above budget; expenditures remain under budget overall despite some departments running unfavorable variances due to contracting and vacancies.
Finance Director Terry Pinter presented Shelton’s April 2025 monthly financial report to the City Council, saying the city’s unreserved general fund balance stood at "2,500,000.0, which is a $607,000 increase" from earlier projections.
Pinter told the council property tax receipts are "holding right about what we had projected at…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
