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Interim finance director reports stronger-than-expected revenues, higher unreserved fund balance
6407368 · October 23, 2025
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Summary
Shelton's interim finance director told the council the city’s August 2025 financial report shows revenues running above budget estimates, an increased unreserved fund balance and lower-than-budgeted expenditures through August.
Shelton — Interim Finance Director Terry presented the city’s August 2025 monthly financial report, saying revenues are outperforming budget estimates and the city’s unreserved general-fund balance has increased.
Terry reported that the city’s US Bank holdings totaled about $5,700,000 and that the Local Government Investment Pool account was “just…
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