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Finance director: Salina general fund buoyed by investment income; staff told to hold 2026 budgets flat
Summary
Salina Director of Finance Debbie Papp presented non‑audited 2024 financials and 2025 projections, reporting a $33.7 million general fund balance driven largely by investment income and asking departments to limit 2026 budget increases.
Debbie Papp, Salina’s director of finance, told the City Commission on April 28 that the city closed 2024 with an unusually large general fund balance — roughly $33.7 million — driven in large part by investment income from higher interest rates and steady revenues across other sources.
Papp described the general fund revenue mix and 2024 results: roughly 32% of general fund revenue comes from sales and use tax, 21% from property tax, and about 10% from investment income; EMS revenues make up about 8%. She said sales tax collections flattened in 2024 (sales tax was roughly $17.22 million in 2024 versus $17.26 million in 2023) and that the city budgeted optimistically for 2025 but actual sales tax growth has been uneven since COVID.
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