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San Benito posts healthy reserves; commission accepts 2024 audit

3424212 · May 20, 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 director Stephanie Serenade presented second-quarter finances showing revenue growth and a large unassigned fund balance; external auditors reported an unmodified opinion and the commission voted to accept the audit.

Stephanie Serenade, the city finance director, told the San Benito City Commission on May 20 that the city remained in the “green” after the second quarter (January–March 2025) and reported rising sales-tax receipts.

“Our total assets as of March 31, 2025, were $20,279,214,” Serenade said during the meeting, and she reported quarter revenues of $4,006,798 and year-to-date revenue of $11,554,930. She also said sales tax for March rose 5.14% compared with the same month last year.

External auditor Alfred Barra, managing…

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