Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Finance presents FY2025 year-end report showing revenues roughly in line with projections; expenses exceeded budget by $9.7 million

5778504 · September 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff told the committee FY25 pre-audited results show revenues of about $401.9 million and expenditures of about $411.6 million, leaving available balances that will be considered in FY26 appropriations.

Finance staff briefed the Urban Economic Development Committee on the city’s fiscal-year-end (June 30, 2025) results and said a quarterly reporting cadence will follow.

Jared, presenting fiscal figures, said the city’s pre-audited FY25 numbers show revenues of about $401.9 million and total outlays of about $411.6 million, which amounted to the city exceeding its revenue projections by roughly $9.7 million when…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans