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Treasurer reports fiscal-year-end balances, notes $500,000 year‑over‑year decline in fund balance
Summary
City Treasurer Conzo told the council the general fund balance was $2,745,423 and that invested CDs and a $2,000,000 transfer from the sewer O&M fund raised other investments to $3,455,000; he said the overall fund balance is about $500,000 lower than a year ago.
City Treasurer Conzo presented the April 2025 treasurer’s report to the Lincoln City Council on May 19, reporting a general fund balance of $2,745,423 and noting recent investments that bring other invested balances to about $3,455,000.
Conzo said the report reflects near‑year‑end activity: some checks from the prior fiscal year have not yet been issued and therefore are not…
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