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Warrenton finance officer reports higher year-to-date revenues, cites grant timing lag
Warrenton City Board of Aldermen · September 4, 2024
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Summary
Finance Officer Megan Welder told the board that several revenue lines are above budget through July 2024, including $292,000 in water/sewer receipts, but noted a $513,000 year-to-date shortfall tied to timing on grant reimbursements that she expects to resolve in the coming months.
Finance Officer Megan Welder presented the city’s financials for the period ending July 2024 and described both stronger-than-expected revenue in several areas and timing-related shortfalls on grant receipts.
"We are over expected revenue by $292,000 year to date," Welder said,…
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