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Bothell staff report 2025 year-end finances show $3.5 million fund-balance use; sales-tax receipts below budget
Summary
Deputy finance director Andrew Huachong told council the city used about $3.5 million of general-fund balance in 2025, below the $5 million expected, and staff flagged a 6% year-over-year drop in January sales-tax receipts compared with an anticipated 8% increase in the budget.
Deputy finance director Andrew Huachong presented the city’s year-end fiscal update for 2025, telling council that the general fund used about $3,500,000 of fund balance and that overall revenues were roughly 2.3% lower than budgeted. “This is only a staff briefing. No council action is requested tonight,” Huachong said.
Huachong said underspending in 2025 stemmed largely from timing delays in capital projects and from salary savings tied to delayed hiring for positions added in the recent budget. On the revenue side, he said sales-tax…
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