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Finance staff reports $9.1M freighter settlement and 2025 unaudited general fund results; reserves remain above policy
Summary
City finance staff presented unaudited 2025 general fund results, noting a roughly $10 million freighter settlement with chargebacks to other taxing jurisdictions, a $2.7 million mark‑to‑market investment gain, and unassigned reserves of about $15.14 million (roughly 72 days of operating expenditures).
Wauwatosa finance staff presented the city’s unaudited 2025 general fund results, highlighting a large one‑time settlement and other timing items that together left the fund balance stronger than initial budget comparisons suggested.
The presenter said a roughly $10 million settlement (referred to in the packet as the "freighter" settlement) created a $9.1 million revenue surplus in the revenue analysis and that the city charged back about $6.5 million of that amount to other…
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