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Muscatine posts $5.5 million general‑fund balance for FY 2025; grants and investments highlighted
Summary
Finance director Nancy presented the city’s budget‑basis financial statements for the year ended June 30, 2025, reporting a $5.522 million general‑fund balance (about 22% of expenditures), $11.5 million in grant and donation revenue and $32.0 million in outstanding debt.
Nancy, the city’s finance director, presented Muscatine’s budget‑basis financial statements for the fiscal year ended June 30, 2025, at the Oct. 14 council meeting. "This is the budget basis presentation for the year," she said, and walked council through revenues, expenditures, transfers and fund‑balance calculations.
Nut graf: The city closed FY 2025 with an unreserved general‑fund balance of approximately $5.522 million (about 22% of general‑fund expenditures), grant and donation revenues totaling roughly $11.5 million for the year, and total debt outstanding of about $32.0 million. The finance director and council members highlighted that many…
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