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Comptroller reports midyear revenues ahead of last year; several capital expenditures noted
Summary
City Comptroller Susan Carlos reported general‑fund revenues at 86.8% of budget for FY‑26, year‑to‑date receipts up about $1.7M from last year largely from property taxes, and listed notable capital and enterprise fund expenditures including airport master‑plan charges and waterfront park spending.
Comptroller Susan Carlos presented the city's April budget summary, reporting general‑fund revenues are 86.8% of budgeted FY‑26 receipts and that year‑to‑date receipts exceed the same period last year by about $1.7 million, primarily due to increased property‑tax receipts. "Year to date, receipts by type are very similar to last year and exceed the same period by about 1,700,000," Carlos said.
Carlos said the only general‑fund department exceeding its benchmark this period was the building and floodplain division because of a software purchase related to CityView implementation; she said that variance should normalize as the year progresses. She also said year‑to‑date revenues exceed expenditures by about $9.8 million and that the fund balance is approximately $1.1 million greater than this time last year.
Capital and enterprise fund activity for April included $52,700 charged to the airport master‑plan, $133,007.66 for taxi lane and roadway improvements, $212,115 for wastewater CIP relining, $191,005.61 for the Clinch Drive water main, and $48,009.90 to relocate water main on Amelia Parkway. Carlos noted $288,000 from the General Fund CIP for the South 2nd Street land purchase and $159,005.81 for street paving. She pointed commissioners to the agenda packet for a detailed capital expansion report and to items planned in the draft FY27–31 CIP.
Carlos answered brief clarifying questions from commissioners and concluded the presentation. No formal budget action (adoption or amendment beyond items on the consent agenda) was taken at the meeting.
