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Sunbury finance committee: 2024 receipts near $9 million, intergovernmental grant drove revenue rise
Summary
City staff told the finance committee that Sunbury collected just under $9 million in general fund receipts in 2024, about $2.5 million more than 2023, driven largely by a $1.25 million state grant for the Ohio to Erie Trail project.
The Sunbury City Finance Committee heard a staff presentation Tuesday that the city’s total general fund receipts for 2024 were just under $9,000,000, roughly $2.5 million higher than 2023.
The difference was driven mainly by intergovernmental receipts, including a $1,250,000 state grant for the Ohio to Erie Trail project, Finance staff member Dana said during the committee’s review of the 2024 financial packet.
The report showed income tax receipts of a little more than $5,000,000 in 2024. Dana told the committee that employer withholding made up the largest share of income-tax categories, with resident income tax accounting for the remainder. Property tax revenue distributed from the county totaled $674,000 and was deposited to the general fund to pay municipal services such as police and streets.
On expenditures, the committee was shown that general fund spending totaled a little over $7,000,000 in 2024, compared with about $5.5 million in 2023. Committee members and staff attributed much of the increase to contractual services tied to the city’s street improvement program and higher costs for engineering, legal and economic-development work related to local growth.
Committee members asked about the 2025 outlook. Dana said the proposed 2025 income-tax projection was “a little more than $5.53 million, roughly,” and that she would provide the full budgeted revenue and expense detail at the next finance meeting. She also noted she would deliver the complete budget figures to any member who wanted them sooner.
Committee discussion touched on property-tax shares for the school district, library, fire and 911 services; Dana said the school district receives roughly two-thirds of the property-tax allocation and that the city’s share is part of the remaining one-third. The packet included a five‑year history of year‑to‑date tax collections and a full check register and bank reconciliation for January.
The committee accepted the presentation and had no formal vote on the report itself. Staff said they would return with the 2025 budget figures at or before the next finance committee meeting.
