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DeSoto reports general fund revenue at 63% and reviews proprietary funds
City of DeSoto City Council · February 16, 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
Interim Finance Director Lakita Sutton told the council the city is 33% through the fiscal year with roughly 63% of general fund revenue collected; the report included details on property and sales tax shares, utility and sanitation funds, and Thorn Tree golf results.
Interim Director of Finance Lakita Sutton delivered the January 2026 financial report on Feb. 16, telling the council the city was roughly 33% into the fiscal year and “at 63% of our general fund revenue.” She attributed the majority of that revenue to property taxes (84.7%) and reported sales tax at…
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