Monona staff reports $147,000 net income for 2024; sewer charges and pool overrun flagged

Finance staff presented the City of Monona’s 2024 year-end financial report to the Finance and Personnel Committee on March 3, reporting a net general-fund surplus of about $147,000 and a projected fund balance of $2,072,000, roughly 26 percent of expenditures. The report noted several department variances, higher-than-budgeted sewer charges tied to Madison Metro Sewer District, and a pool operating deficit that contributed to a community-center fund shortfall.

Presenter Mark summarized the numbers and highlighted key contributors. "It's basically 147,000," Mark said when describing the general fund net income. He told the committee the projected fund balance was about $2,072,000 and that interest income exceeded budget by $280,000. He said planning department revenues netted about $76,000,…