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McGregor finance director reports Q4 figures: $26.7M cash & investments; general fund tracking near budget
Summary
Finance Director Lee presented quarter-end financials as of Dec. 31, 2025: $26,744,045 in cash and investments and $298,000 interest earned for FY2025; revenues and expenses across major funds were discussed with explanations for variances.
Lee, the city's finance director, presented the fourth-quarter financial summaries (as of Dec. 31, 2025) and a quarter-one snapshot of fiscal 2026 activity. He reported cash and investments of $26,744,045 and interest income of $298,000 for FY2025.
Lee walked the council through budget-to-actual positions for major funds: general fund revenues of…
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