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City reviews FY2025 fourth-quarter finances, flags sales-tax forecast risk
Summary
Temple staff presented unaudited FY2025 year-end financials showing $133.4 million in revenues, modest shortfall to budget, a $712.2 million capital program and a projected 6.41% sales-tax growth for FY2026 staff said will be closely monitored.
Tracy, the city’s finance presenter, told the council on Nov. 20 that the city’s unaudited fiscal‑year 2025 results show total general‑fund revenues of roughly $133.4 million, with sales tax the largest revenue source. "I am pleased to present the fourth quarter year end financial statements for the year ended 09/30/2025," Tracy said at the workshop.
Tracy reported total revenues were about $17,000 under the adopted budget and that sales tax receipts came in at about 102% of budget while property and other taxes were roughly 97% of…
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