Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Grand Island finance staff says city on track in FY2026 budget update
Summary
City finance staff reported revenue tracking close to projections, noted COVID-era refunds affecting month-to-month comparisons, and flagged potential compliance risk for CDBG funds during a May 27 Grand Island City Council meeting.
Patrick Brown, assistant city administrator and acting finance presenter, told the Grand Island City Council on May 27 that the city’s fiscal-year-to-date revenues are tracking close to projections and that the city is ‘‘right on track’’ through April 30, 2025, with the sales tax showing a 2% increase compared with last year.
Brown said an economic incentive refund last year made one month appear stronger in the prior year, so adjusting for that refund would show the city was actually down for that month. He presented line-item figures for several major local revenue streams, noting property tax and food-and-beverage…
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
