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Treasurer reports modest improvement in general fund, notes matured CD and shifting investments
Summary
City Treasurer presented the May 2025 financial report showing a matured certificate of deposit reinvested, a general fund balance improvement from April but still below last year, and mixed revenue trends across taxes and funds.
City Treasurer Ocanto presented the May 2025 treasurer’s report to the Lincoln City Council on June 16, 2025, noting a matured certificate of deposit that was reinvested and an increase in the general fund balance compared with April but a decline compared with the prior year.
Ocanto told the council one CD had matured; the principal ($350,000) plus about $13,000 in earnings had been reinvested, contributing to a reported…
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