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Controller presents 2025 year‑end report as public commenters press for timely audited ACFR
Summary
City controller Jeff McKinnon reviewed 2025 revenue and appropriation variances, explained a new PSAP fund and timing for supplemental local income tax distributions, and faced public calls from two commenters to make audited financials (ACFR) timely and pursue GFOA standards.
Jeff McKinnon, the city controller, told the Monroe County fiscal committee on Feb. 15 that the spreadsheets he shared were intended to start a conversation about 2025 revenue and appropriations rather than be read line‑by‑line. He said the city’s public open‑data portal provides near‑real‑time extracts from the financial system and urged committee members to request specific reports they wanted to see.
McKinnon said several large variances between the approved 2025 budget and actual receipts show up in the controller’s office and in economic development lines because of a supplemental distribution of local income tax (LIT) the state may announce by about May 15. He cautioned the committee not to count on such supplemental distributions in regular budgeting until the state posts final…
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