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Loveland finance director: city on track for $7 million in income tax; monitors $400,000 federal reimbursement

Loveland City Council · October 29, 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

Director of Finance Mark Medler told council the city expects to collect about $7,000,000 in income tax for 2025, noted investments yields have fallen from pandemic highs, and said the city is owed roughly $400,000 in federal reimbursements tied to the new fire station.

The Loveland City Council accepted the third‑quarter 2025 financial report after a presentation from Director of Finance Mark Medler.

Medler said the city is "very confident that income tax is gonna finish with 7,000,000 this year for the first time," noting that a strong January drove much of the increase…

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