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Keene reports modest year‑end surplus and fixes to water‑meter outage that cut utility revenue
Summary
Keene’s fiscal‑year 2025 report showed revenues slightly above budget and several departmental overages; staff said a radio/meter battery failure left 431 water meters unreporting and caused a near‑term revenue shortfall that has since been addressed.
Keene’s finance staff told the City Council on Dec. 4 that fiscal year 2025 closed with slightly higher revenue than budgeted, but with notable expense drivers and a utility revenue shortfall caused by meter failures.
The year‑end summary showed actual revenues of $6,129,534.05 versus a budgeted $6,074,130 (about $55,000 over budget). The finance presenter attributed much of the revenue uptick to building permit receipts and higher sales tax collections, while also flagging departmental overages for property liability insurance, legal and audit services, and third‑party…
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