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McGregor finance staff reports stronger revenues and $4.4M year-over-year cash increase
Summary
City finance staff told the council general fund revenues were $3.2 million (43.8% of budget) and net cash on hand rose roughly $4.4 million compared with the same period last year; staff attributed much of the variance to timing of property-tax receipts and internal transfers.
Finance staff presented the city's financial snapshot for the period ending Jan. 31, 2026, reporting stronger year-over-year cash positions and revenue timing effects.
Mr. Cluck told the council the general fund had recorded $3,200,000 in revenues (43.8% of budget) and $2,000,000 in expenditures (27.9%), and that utility fund revenues totaled $2,600,000 (38.2% of budget). He said the general fund net cash flow was about…
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