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Ferguson Township posts stronger-than-expected 2025 revenue; board asks how long underspending can continue
Summary
Finance director Todd Grady told the board that general fund revenues for 2025 exceeded budgeted expectations and that expenses ran below projections in multiple categories; supervisors asked whether recurring underspending masks unmet needs and requested follow-up on options to achieve a structurally balanced budget.
Todd Grady, Ferguson Township’s director of finance, presented the township’s 2025 financial year review on Feb. 3, saying revenues exceeded budget while several expenditure categories came in under projections.
Grady summarized the general fund as having ended the year with stronger revenues: "we came in at a 106% over budget in revenues," he told supervisors, and noted a roughly $1.88 million positive cash-flow change year‑over‑year. He cited higher-than-expected permanent income tax receipts (about $8.7 million…
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