Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Boise council receives FY25 third-quarter report showing stable finances, development fees ahead
Summary
City finance staff told the Boise City Council the general fund remains stable through the third quarter of fiscal 2025, with development-fee revenue driving a projected $8 million positive variance while liquor taxes lag about $800,000.
Boise City Council on Sept. 9 reviewed the city's fiscal year 2025 third-quarter financial report, which showed general fund revenues and expenditures tracking within expected ranges and a net projection that the city will finish the year with higher-than-budgeted revenues.
Alicia McGandridge, presenting the report for the budget office, said, "the city's financial position remains stable," and noted that the city had collected 61% of budgeted revenues through the third quarter. She identified three revenue variances she said the council should note: development-fee revenue, liquor tax revenue and sales tax…
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
