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Aberdeen financial update: building permits surge, sales tax collections lag eight-month pace
Summary
Finance Director Butch Watson reported General Fund revenues at 94.1% of budget and expenditures at 80.8% through April 30, 2025; building-permits revenue is 158.64% of budget while sales tax collections stood at 70.0% of budget (eight months collected). Water & Sewer fund shows unusually high system development fees (234.08% of budget).
Finance Director Butch Watson presented the Town of Aberdeen's fiscal-year-to-date financial report through April 30, 2025, telling the board that overall revenue performance remains strong while some revenue lines and timing factors warrant attention.
Watson said General Fund revenues were at about 94.1% of the current budget and expenditures at about 80.8% through April. He highlighted several line items: building-permits revenue…
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