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Woodland finance staff present unaudited FY24‑25 results; first‑quarter FY25‑26 on typical timing
Summary
Finance staff presented unaudited FY24‑25 results showing all‑fund revenues about 104% of budget ($211.5M) and a general fund unreserved balance of $19.41M (33%). First‑quarter FY25‑26 receipts were consistent with normal timing—property and sales tax revenues are reported later in the year.
At the Nov. 18 meeting the council received an informational quarterly budget report from Financial Services Manager Carrie Farnham and Administrative Services Director Kim McKinney outlining unaudited FY24‑25 results and first‑quarter FY25‑26 trends.
Farnham told the council that all‑fund revenues for FY24‑25 totaled about $211.5 million, approximately 104% of the amended budget, and that the city closed the year with general fund revenues $3,010,000 above the…
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