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Sumner City gives high‑level 2024 financial review; sales tax flattens, reserves intact
Summary
Chief Financial Officer Cassandra Raymond presented a 2024 fiscal year review at the April 28 study session: general fund reserves met the 8% policy target, sales tax revenue flattened, the city carried several capital carryovers into 2025, and Metro Animal Services fund remains thin despite a 2025 per‑capita rate increase.
Chief Financial Officer Cassandra Raymond gave a high‑level review of Sumner City's 2024 finances on April 28, telling the council the city maintained its required 8% general fund operating reserve and ended the year with revenues and expenditures within revised projections.
"We received about 95% of our revised revenues, and we expended about 92% of our revised expenditures," Raymond said, summarizing 2024 activity and noting salary savings from unfilled positions and deferred projects that contributed to the result.
Raymond said sales tax—Sumner's largest and most volatile general fund revenue at about 41%—showed signs of flattening in 2024 across construction and nonconstruction categories. She told council that construction activity recovered from a 2023 dip but that nonconstruction receipts…
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