Muskego finance committee approves vouchers and reviews unaudited first-quarter financials

The Muskego City Finance Committee on June 10 approved routine voucher and wire-transfer payments and received an update on the city’s unaudited first-quarter 2025 financials from Finance Director Jenny.

The committee recommended approval of utility vouchers in the amount stated in the packet as $39,009.49 and 66¢ and of general fund vouchers as listed in the packet (transcript text: "$5.84 $9.57 and 70¢"). It also approved wire transfers for payroll and invoice transmittals in the amount of $426,743.34. All three approvals were adopted by voice vote.

“These are unaudited financials,” Jenny told the committee while presenting the fourth quarter of 2024 and first quarter of 2025 figures in the meeting packet. Committee members asked whether the apparent under-run reflected year-end results or timing; Jenny said the packet covers only through March and characterized the variance as timing-driven rather than a final audited result.

Jenny said 2024 closed with about $204,000 under budget in total expenditures; the committee clarified that the amount does not automatically roll into this year’s operating budget but instead increases the city’s fund balance and capital resources. Jenny told members the formal audit for 2024 is in progress and that the audited results should be available around July, at which time the committee will receive official documents.

Why it matters: the approvals allow city operations and payroll to continue without interruption; the finance update offered preliminary insight into spending trends and fund-balance position heading into the budget process.

Ending: Committee members asked for regular quarterly updates going forward and for the audited 2024 results when they are complete; staff indicated the next formal update and audit materials should be available in July.