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Finance director: Auburn's third-quarter 2025 report shows mixed signals — 10% above revenue expectations but some indicators lag 2024
Summary
Finance Director Thomas told the council the city collected about 10% more revenue than budgeted year-to-date through Sept. 30, 2025, while underspending about $10 million (11%) of budgeted expenditures; ARPA spending and delinquent B&O collections shaped the results.
Finance Director Thomas presented the third-quarter 2025 general fund financial report on Jan. 12, covering results through Sept. 30, 2025. Thomas said year-to-date revenues were roughly 10% above original expectations, while expenditures were underspent by about $10 million (approximately 11% of budget). Compared with the same period in 2024, the city had collected about $2 million less and spent about $5.6 million more.
Thomas explained the composition of variances: transfers-in have slowed, in part because of ARPA-project accounting…
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