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Shelby council hears finance committee year‑end report; places statements on file
Summary
Councilman McLaughlin reported year‑end figures for multiple city funds and tax collections and the council voted to receive and post the combined financial statement and cash/investment reconciliation dated Dec. 31, 2024.
Councilman McLaughlin told the Shelby City Council on Jan. 20 that the finance and personnel committee reviewed year‑end results for city funds and recommended the combined financial statement be placed on the city website. The council voted to receive the combined financial statement and the cash and investment reconciliation dated Dec. 31, 2024, and to place them on file.
McLaughlin said the packet shows income tax collections totaled $5,520,301 for the year, with…
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