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Allentown budget committee hears 2024 year-end, January finance report and ERP go‑live plans
Summary
City finance staff told the Allentown City Budget & Finance Committee that year‑end 2024 and January 2025 financials showed modest revenue strength and fund savings; committee was also given an update on the city's ERP migration to Munis with a planned March 18 go‑live date.
Councilperson Napoli convened the Allentown City Budget & Finance Committee and heard a financial report from Miss Patel on the city's year‑end 2024 and January 2025 results, investment positions and American Rescue Plan Act (ARPA) cash balances, and an information technology update on an enterprise resource planning migration to Munis.
Patel said the city closed the 2024 fiscal year with generally favorable results, reporting modest revenue strength and several categories with expenditure savings. She reported police premium pay expenditures of $2,700,000, fire premium pay of $3,300,000 and EMS premium pay of $860,000 for the year. Patel told the committee the…
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