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Finance committee reports GAAP statements, growing income tax and $2M in impact fees forecast

6402412 · October 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council finance committee reviewed 2024 GAAP financial statements, noted ongoing audit schedule for 2024–25 in 2026, and reported roughly $2 million in impact fees collected so far with a $2.1 million forecast for next year.

Councilmember Govey reported to the Sunbury City Council on Oct. 15 that the finance committee reviewed the 2024 GAAP financial statements and received an executive overview from a staff…

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