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City reports $150.9M revenues, $149.8M expenditures for fiscal year; investment adviser reports modest outperformance
Summary
City staff reported fourth‑quarter fiscal results showing general fund revenues of $150.9 million and expenditures of $149.8 million; sales tax totaled $47.0 million and property tax collections were $65.9 million. Investment adviser Deep Blue reported the managed portfolio earned $214,816.50 for the quarter and remains in compliance with the city’s policy.
City Finance staff presented the fourth‑quarter financial report for the period ending Sept. 30, 2025, and the city’s investment adviser delivered an investment update during the Dec. 2 Brownsville City Commission meeting.
Financial Services Director Steven Muse reported general fund revenues of $150.9 million and expenditures of $149.8 million, leaving the city…
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