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Cookeville council accepts midyear financial report showing general fund near 50% of budget
Summary
City staff presented the midyear financial report (July 1–Dec. 31, 2024); overall general fund revenues and expenditures were near 49% and 44% of budget respectively, sales tax collections were about 50% of budget, and several capital projects are starting or will roll to the next year.
The Cookeville City Council voted 5-0 Thursday to accept the city’s midyear financial report covering July 1 through Dec. 31, 2024. Ms. Niswander, city finance staff, presented the report and highlighted revenue and expenditure trends across funds.
Why it matters: the midyear report provides an early view of revenue collections and spending against the fiscal year budget and signals…
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