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Brockton officials say FY25 closed in surplus; DOR tax-recap, $1.6M BRA shortfall and pension decisions flagged
Summary
Mayor Robert Sullivan, CFO Dr. Troy Clarkson and interim City Auditor Juan Gonzalez told the Finance Committee the city closed fiscal 2025 with a surplus, is on track to meet Department of Revenue deadlines, and identified a roughly $1.6 million issue tied to the Block Redevelopment Authority that may require a council transfer.
Brockton Mayor Robert Sullivan, Chief Financial Officer Dr. Troy Clarkson and interim City Auditor Juan Gonzalez told the City Council Finance Committee that fiscal year 2025 closed in surplus and that the city is on track to meet Department of Revenue deadlines — while flagging a $1.6 million obligation related to the Block Redevelopment Authority (BRA) that may require council action.
The presentation and discussion matter because the tax recap and free-cash certification that follow the fiscal-year close set the tax rate and the amount of one-time funds available for the FY27 budget. Dr. Clarkson said the city’s new budget-reporting tool provides department-level spending data and allows faster, regular updates to the council and public.
Sullivan opened the update by directly addressing public assertions about the city’s finances: “There’s bold faced lies saying that we’re in a deficit. We are not in a deficit in any shape or…
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