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Finance director says general fund has received 84% of expected revenues at midyear
Town Council of Centreville · February 5, 2026
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
Finance Director Karen Luffman told the council the general fund has collected about 84% of its expected revenues at midyear; planning and zoning and Main Street variances were driven by consultant costs and grant bill-back timing.
Finance Director Karen Luffman presented a midyear FY26 budget update at the Feb. 5 Centreville Town Council meeting, saying the general fund has received approximately 84% of expected revenues for the year and outlined department variances.
Luffman said a large portion of revenue is front-loaded by property taxes collected in…
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