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City finance director reports year-to-date gains; council approves September financials and claims
Summary
Finance Director Kegan Carwin reported year-to-date positives across several funds despite monthly variances; council accepted the September financial report and approved claims.
City Finance Director Kegan Carwin presented the September 2025 budget and year-to-date financial report at the City Council meeting on Oct. 14, noting positive year-to-date balances in the general fund, water and sewer funds while calling out a year-to-date deficit in the electric fund tied largely to generation-plant expenditures.
Carwin said September monthly variances included a 9.3% ($34,900) increase in property tax and motor-vehicle receipts year over year, a 2.43% ($5,400) decline in sales and occupation tax, and an overall year-to-date increase in state, federal and county receipts largely tied to grant reimbursements and state equalization payments. On the proprietary side, he reported year-to-date results of: general fund +$1,000,000 (approx.), streets +$66,000, electric -$1,500,000 (generation-related costs), water +$299,000, sewer +$175,000, and landfill +$122,000.
Carwin highlighted that the electric department’s negative year-to-date position was primarily attributable to the generation-plant project; the plant’s budgeted amount was cited in discussion at roughly $2.2 million and the council noted about $700,000 of the reported negative variance ties to current-year generation expenses. On other operations, the golf course reported higher revenue year to date than in earlier years and the pool’s late opening and weather-related closures contributed to modest declines in that enterprise’s receipts.
After questions from councilmembers, the council moved and approved the September 2025 budget report and later approved the September claims. Councilmembers and staff discussed minor administrative suggestions about purchase-order detail and vendor invoice documentation; staff agreed to encourage department heads to include clearer purchase-order descriptions and to match invoices to purchase orders where practicable.
Both the budget report and the claims list were approved by council motion and voice vote.
