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University Place reports Q4 revenues above budget as council presses for clarity on street‑funding uses
Summary
City staff told the council Q4 general government revenues were 7.03% above 2025 budget estimates while spending was 12.56% below; council members pressed staff for clearer line‑item reporting on the vehicle license fee (TBD) and its intended use for residential pavement maintenance.
University Place officials presented their fourth‑quarter 2025 financial report at a May 4 study session, telling council that revenues exceeded budget estimates while spending lagged.
Finance Director Leslie Blazdale introduced the report and Deputy Finance Director Grace (Grace O) walked the council through key figures: general government revenues were 7.03% above the 2025 budget estimate and fourth‑quarter expenditures were 12.56% below budget. Sales tax revenue exceeded 2025 estimates by 15.6%, utility taxes were 6.45% above estimates, and investment interest earnings rose 24.25%, a figure staff attributed in part to ARPA dollars remaining invested longer than planned because sewer projects spent later than expected.
"Overall, the city's fourth quarter general government revenues came in 7.03% above budget estimates," Grace said during the…
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