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Aberdeen reports strong quarterly revenue gains; library and capital reimbursements noted
Summary
Finance staff reported year‑to‑date general fund receipts of $6.224 million and expenditures of $3.82 million, producing a net positive variance of about $2.404 million. Staff also reported rising permit revenues and an expected DOT reimbursement of roughly $400,000 for a park entrance project.
Town finance staff presented the quarterly financial report at the Nov. 12 work session and highlighted several positive trends and pending reimbursements.
Through September, staff reported $6,224,000 in general fund receipts and $3,820,000 in expenditures—yielding a net favorable variance of approximately $2,404,000.…
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