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Fernley treasurer reports healthy cash position; general fund projected near $17 million
Summary
City Treasurer Robert Carson told the council the unaudited June 30, 2025 quarterly report shows approximately $105 million in cash and investments overall and estimated general fund ending balance near $17 million after a roughly $2 million positive change; the water and sewer enterprise funds also showed positive results.
City Treasurer Robert Carson presented the unaudited quarterly financial report for the period ending June 30, 2025, saying the city had about $105 million in cash and investments and that the general fund is on track to finish the year with an ending fund balance near $17 million after an estimated $2 million positive change.
Carson said operating revenues and investment returns…
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