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Cedar Park reports FY2025 unaudited revenues above budget; sales tax and interest earnings lead gains
Summary
Finance staff presented unaudited FY2025 results: general fund revenues $79.9M (6% above budget), ad valorem taxes $30.7M (98.5% of budget), sales tax $25M (8.5% over budget), and interest earnings $12.6M, with the city’s portfolio at about $289M at year-end.
Erica Solis, finance department staff, presented the city’s unaudited fourth-quarter financial and investment report for fiscal year 2025, showing revenues above budget and continued investment performance.
Solis said general fund revenues totaled about $79.9 million through Sept. 30, roughly 6% higher than budgeted; sales tax collections of about $25 million came in 8.5%…
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