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Greer reports $23.58 million general fund cash balance for January; revenues slightly behind benchmark
Summary
City finance presenter gave January 2025 snapshot showing a $23.58 million general fund cash balance, a $913,000 unfavorable revenue variance and a $1.9 million favorable expenditure variance, for an overall favorable benchmark variance of $1,067,000.
Greer — At a regularly scheduled Greer City Council meeting in February 2025, Chris Klein delivered a financial update showing the city's general fund cash balance at $23,580,000 as of January 2025, with year-to-date revenues of $26,096,000 and year-to-date expenditures of $25,500,000.
The report said the city was 8% under budget overall for the period, with an unfavorable revenue benchmark…
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