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Finance director: Statesboro general fund revenues ahead year‑over‑year through Dec. 31, 2024
Summary
Director of Finance Cindy West reported several funds showed higher revenues compared with the prior year, with most funds around 44–69% of budget collected through December 31, 2024.
Director of Finance Cindy West presented the city’s FY25 second‑quarter financial update, covering revenues and expenditures through Dec. 31, 2024.
West said general‑fund revenues are about $2 million higher than the same point in the prior year, with roughly 69% of budgeted revenues collected. General‑fund expenditures were roughly 51% of budget at year‑end. The Statesboro Fire Service Fund showed about $700,000 more in revenues year‑over‑year and had collected about 33% of its budget, West said; she noted the city had not yet received county payments for the five‑mile district that typically arrive in December or March.
Other funds: Water/Sewer revenues were about $500,000 higher than the prior year and collected 44% of budget, with expenditures at roughly 50%. The stormwater fund showed lower revenues because the city had not requested reimbursement from a grant; stormwater had collected about 20% of its budget. The natural‑gas fund had about $300,000 more in revenues and had collected 39% of its budget. Solid‑waste collection and disposal funds were roughly flat year‑over‑year with collections near 49–51%.
West also summarized SPLOST receipts for the 2019 program and reported hotel‑motel revenue for July–December 2024 was more than $100,000 above the comparable period the prior year.
Ending: West closed by noting the numbers reflect collections through Dec. 31, 2024, and invited follow‑up questions from supervisors and staff.
