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Finance staff reports September month-end: taxes supply majority of general fund, investments total $61.7M
Summary
City finance staff presented September 2025 month-end financial results to the Budget & Finance Committee on Sept. 30, reporting that taxes supply roughly 71% of general fund revenues and that personnel costs account for about 74% of general fund expenditures.
City finance staff presented September 2025 month-end financial results to the Budget & Finance Committee on Sept. 30, reporting that taxes supply roughly 71% of general fund revenues and that personnel costs account for about 74% of general fund expenditures.
The presenter, Bina Patel, city controller, said the city’s major tax sources include a city real estate tax (reported at $38.5 million in the presentation), earned income tax (approximately $34.8 million reported), a business privilege tax (about $12.2 million reported) and deed transfer tax (roughly $1.8 million reported). Patel said intergovernmental sources — including state aid for pensions, casino fees and training reimbursements — made up about 14% of “other revenues.”
Patel said the total adjusted…
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