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Finance officer: October numbers healthy, budget shows paper deficit but variances may yield surplus

Hamilton Township Board of Trustees · December 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The township finance officer reported revenues at roughly 101% of budgeted intake through October and said on‑paper projections showed an almost $3 million deficit for the proposed 2026 budget, but applying historical variances makes a year‑end surplus more likely; a detailed year‑end analysis will follow.

Miss Elliott presented the township’s October financial report and a preliminary look at the proposed 2026 budget.

She said the township is roughly 83% through the fiscal year and revenue collections were at about 101% of budgeted intake. Year‑to‑date…

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