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Pullman reports flat revenues, leans on reserves after midyear financial review
Summary
City finance director told the council midyear revenues have flattened and expenses rose, creating a budget gap that will rely on cash reserves unless trends reverse in 2026.
Jeff Albrecht, Pullman’s finance and administrative services director, told the City Council on Aug. 12 that general fund revenues have flattened after post‑COVID growth and that the city is using cash reserves to balance a deficit budget for 2025.
Albrecht said the city’s general fund stood at about $14.7 million through midyear, roughly $200,000 more than the same time last year but about $1.7 million below the 2025 budget because of timing and underperforming receipts. He cited timing differences of roughly $1.3 million and a remaining variance of about $400,000. Property tax—a stable revenue that makes up about 31% of…
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