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Township finance director reports stronger-than-expected revenue, ARPA project progress and budget timeline

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Summary

Finance Director Dana reported Sept. audit prep is complete, year-to-date operating revenue at about $3.46 million (84% of budget), operating expenditures at $3.43 million (82% of budget), ARPA project completion status and upcoming budget hearing dates.

Concord Township’s Finance Director provided the council with quarterly financial highlights at the Oct. 7 meeting, including year-to-date revenue and expenditure figures, grant reimbursements and next steps for the 2026 budget.

"Audit preparation field work for the 2024 annual audit is complete," Dana said. The township has submitted required reports to the state and is awaiting pension-reporting inputs required under GASB 68 from the…

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