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Auditor outlines 2025 budget review, warns reserves below two-month target
Summary
Auditor Sputnay presented the city’s 2025 budget review, reporting $28M in year-to-date general fund expenditures, a year-end cash balance of $4.8M (carryforward ~$4.2M), payroll as the largest cost driver, and a $334,000 marijuana-tax deposit now in the general fund.
Auditor Sputnay presented a detailed review of the City of Chillicothe’s 2025 finances, telling council that year-to-date general-fund expenditures were $28 million versus $24 million in 2024 and that payroll remains the largest expense.
Sputnay said the city ended the year with $4.8 million in general-fund cash and carryforwards of $576,000, leaving an estimated carryover balance of about $4.2 million — below the commonly cited target of two months’ operating expenses. She warned that carryforward levels and timing of revenues can make year-to-year comparisons misleading but urged council to monitor reserves…
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