Houston finance offices report diverging year‑end projections; controller includes $100.3M drainage transfer
Controller Chris Hollins and Finance Director Melissa Dubasky presented differing projections for the city—s fiscal 2025 ending fund balance, a gap driven largely by the controller—s inclusion of a required transfer for drainage projects and differing revenue and expenditure assumptions.
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Controller Chris Hollins told the Budget and Fiscal Affairs Committee that his office is "projecting an ending fund balance of $228,000,000 or 8.8% of expenditures less debt service and pay as you go for fiscal year 2025." He said that figure was about $121.2 million lower than the finance department's projection.
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