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City finance director presents FY2024–25 dashboard: $255.5M revenue, $269M expenses, cash and investments detailed
Summary
Finance staff presented a high-level dashboard for fiscal year ended June 30 showing $255.5 million in revenues across all funds, $269 million in expenses, $95 million in cash and $144 million in investments; staff attributed timing and grant reimbursements for an operating outflow.
Erin, a finance staff member, presented a fiscal-year snapshot to the Mayor and Board of Commissioners showing revenues, expenditures, cash and investment positions as of June 30.
Erin said total revenues collected across all departments were $255.5 million, but after removing interfund transfers the figure available to spend in the fiscal year was roughly $151.7 million. Utility revenues totalled about $56 million and sales tax about $50 million; those two sources accounted for roughly 70% of operating inflows. Grant revenue represented about $20 million or 13% of the spendable total…
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