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Middleton treasurer reports unaudited FY2025 surplus as council eyes carryover projects
Summary
Treasurer Miss Miles told the City Council the unaudited FY2025 results show $29.27 million in revenues versus $28.04 million budgeted and $14.71 million in expenditures, leaving sizable unspent balances that staff say will fund carryover projects and inform FY2027 planning.
Treasurer Miss Miles presented the City of Middleton’s unaudited fiscal-year 2025 summary at the Dec. 3 council meeting, reporting revenues of $29,270,970 against $28,042,820 budgeted and expenditures of $14,712,973.
"We received in revenues $29,270,970," Miss Miles said, noting the city was conservative on building-permit revenue and that unexpected commercial receipts boosted totals. She described the…
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