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September financial report: sales tax up vs. prior year; water/sewer delinquencies and HEERF balances highlighted
Summary
Finance staff reported general fund revenues at 25% of budget, year‑to‑date sales tax improvements versus last year, HEERF and overweight fee receipts, and utility account delinquencies, including Valle Verde totals that will be referred to legal for collection actions.
Finance Director Jacqueline Andrade and Deputy Director Jean Moham presented the city—s September fiscal report to the council on Nov. 5. Andrade said the general fund has collected $7,296,830 (25% of the annual target through September) and general fund expenditures stand at $9,795,395 (24%).
On sales tax, Moham said the city received $1,414,647 for September, which was about $735,456 greater than the amount posted for the previous reporting period and about $120,394 higher than the same month last year. Andrade said the city is "finally in the positive" on sales tax when compared year‑over‑year.
Moham and Andrade also reviewed special revenue and enterprise funds: HEERF receipts stand at $819,310 (28% of budget) and overweight fees at $88,941 (30% of budget). Sewer receipts and expenditures and water receipts were shown by table; sanitation fund and encumbrances were discussed.
Deputy Director Jean Moham reported 6,164 active utility accounts; 73 accounts are on payment contracts totalling $59,777. The report listed 130 delinquent accounts in the Valle Verde area totaling $363,271 (an increase of $17,501 versus last month); Moham said the larger delinquency list will be returned to legal for collection review.
Business licensing: 2,776 active business licenses were reported, with 14 new licenses during the reporting period and 15 cancellations or suspensions in October. Payroll payouts for October included sick and vacation payouts across departments.
On council questions, staff explained the timing of deposits can make month‑to‑month figures appear uneven (revenues are recorded when funds hit the city bank account). Andrade said some grant revenue received from the state (about $6.2 million in grant receipts noted elsewhere in the report) is not part of the adopted budget and was included for transparency.
