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Finance Committee: Revenues slightly up, expenditures track budget in first five months
Summary
Comptroller Pat Burns told the Springfield City Finance Committee that through the first five months of fiscal 2026 revenues are at $454.6 million (45% of budget) versus $421.0 million (44%) at the same point last year, while expenditures total $488.0 million (48%); Burns flagged a higher school spending carryover and a police education incentive payment reflected in public-safety costs.
Comptroller Pat Burns told the Springfield City Finance Committee that through the first five months of fiscal 2026 the city's revenue collections total $454,600,000, about 45% of the budget, compared with $421,000,000 (44%) at the same point last fiscal year. "As you can see on the report, our revenue is at 454,600,000.0 or 45% of budget," Burns said.
Burns said expenditures through the same five-month period are $488,000,000, or 48% of…
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