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Stonecrest finance director reports city under budget for October; FY22 audit 'substantially complete'
Summary
At a Dec. 18 Stonecrest work session the finance director presented October figures showing roughly $16 million in year-to-date revenue and $11 million in expenses, and staff said the FY22 audit is "substantially complete" and being finalized for mayor and manager review.
The Stonecrest finance director presented the city’s October 2025 financial report at the Dec. 18 work session, saying year-to-date revenue totaled about $16,000,000 while year-to-date expenses were about $11,000,000, leaving the city under its projected expenditures.
Miss Grant, the finance director, told the council the city had begun to receive property tax revenue and that the insurance premium tax had come in higher than projected for the year-to-date, roughly 23.8% above the budgeted figure for that tax class. She said other-fund revenues — including the tree bank, hotel/motel…
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