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City treasurer: Lewiston preliminary FY2025 shows expenses exceeding revenues; reserves used as budgeted
Summary
City Treasurer Amy Gordon presented preliminary FY2025 financial statements showing $29.6 million in year-to-date revenue, $31.3 million in year-to-date expenses, a planned draw on reserves and an advance federal grant received for Snake River Avenue.
Amy Gordon, Lewiston city treasurer, presented the city's preliminary financial report for the year ended Sept. 30, 2025, and outlined why the statements are labeled "preliminary" during the year-end audit process.
Gordon said the general fund showed year-to-date revenue of approximately $29.6 million and year-to-date expenses of $31.3 million, producing an excess of expenses over revenue of roughly $1.7 million. After filtering out assigned reserves that are appropriated in the budget (building fund, narcotics reserve, opioid settlement receipts, unemployment reserve), she said the unassigned fund balance reflects about a $1.3…
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