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West Haymarket JPA reports on bond payments, cash position and occupation tax collections
Summary
City finance director reviewed the payment register and expenditures for Nov. 2024–Mar. 2025, confirming debt service payments and an on‑budget cash position while occupation taxes track close to projections.
The West Haymarket Joint Public Agency heard a financial update and approved the payment register and expenditure reports for the period covering November 2024 through March 2025.
City finance staff presented a breakdown of payments and year‑to‑date expenditures, saying debt service dominated the period’s disbursements and that the JPA remained current on its bond obligations. The board unanimously approved the payment register and related reports, 3‑0.
The finance presentation showed debt service made up the largest portion of payments during the period: principal accounted for about 45.2% of payments and interest about 29.2%. District…
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