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Greer presents April 2026 financial summary; general fund near $27.1 million
Summary
City finance staff reported a general fund cash balance of $27,076,000, year-to-date revenues of $50,590,000 and year-to-date expenditures of $46,523,000 (about 1% under budget); hospitality and stormwater fund balances were also reviewed.
City finance staff presented the April 2026 financial performance summary to Greer City Council. The general fund cash balance was reported at $27,076,000 with year-to-date revenues of $50,590,000 and expenditures of $46,523,000 — roughly 1% under budget overall. Staff noted a favorable revenue benchmark variance of $3,270,000 offset by an unfavorable expenditure benchmark variance of $2,513,000 for a net favorable benchmark variance of $757,000.
The hospitality fund showed a cash balance of $2,700,000 with year-to-date revenues of $3,362,000 and expenditures of $3,280,000. The stormwater fund reported a cash balance of $4,453,000, year-to-date revenues of $1,540,000 and expenditures of $983,000. Council asked whether tax receipts were tracking as expected; staff said the city had collected approximately 95% of receipts to date.
No policy decisions or budget amendments were proposed at the meeting; staff stood for questions and will provide follow-up information as requested.
