Greer financial snapshot: general fund shows $1.05M unfavorable benchmark variance through November

City finance staff presented the Nov. 2025 financial summary to Greer City Council on Jan. 13, reporting a general fund cash balance of $7,040,000 and year‑to‑date revenues of $4,686,000 against expenditures of $21,254,000. The presentation described an unfavorable revenue benchmark variance of $1,083,000 and a favorable expenditure variance of $37,000, producing an overall unfavorable benchmark variance of $1,046,000.

The hospitality fund showed a cash balance of $3,269,000 with year‑to‑date revenues of $1,687,000 and expenditures of $683,000. The stormwater fund reported a cash balance of $3,698,000, revenues of $84,316 and expenditures of $199,718. The finance presenter said the general fund was approximately 4% under budget as of November and stood ready to answer council questions.

During the subsequent administrator’s report, City Administrator Merriman highlighted upcoming council work sessions (a Friday workshop and an audit workshop on Jan. 27), congratulated Lieutenant Chris Forrester on graduating from the FBI National Academy and previewed sesquicentennial and Martin Luther King Jr. Day events.

Councilmembers asked clarifying questions about hospitality revenue projections (staff said the hospitality revenue was approximately 2% under projections year‑to‑date) and about event scheduling. The presentations were received for information and the council moved on to the evening’s agenda.