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Underwood posts May and June 2024 revenues and expenses; sewer funds and ARP noted

Underwood City Council · July 1, 2024
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Summary

City financial tables for May and June 2024 show May totals of $72,470.38 in expenses and $162,451.40 in revenue and June totals of $595,491.94 in expenses and $368,985.08 in revenue; several sewer and American Rescue Plan entries appear in the fund details.

The Underwood City Council record for July 10 includes fund‑level expense and revenue tables for May and June 2024.

May 2024 totals in the minutes show expenses of $72,470.38 and revenue of $162,451.40. Notable entries in May include an American Rescue Plan expense line of $22,472.43 and sewer fund figures (expenses $12,456.23; revenue $28,064.63).

June 2024 totals are recorded as expenses $595,491.94 and revenue $368,985.08, including multiple sewer‑related lines: Sewer sinking ($45,180.00) and Sewer capital ($63,375.00). The June table also lists large entries under Debt Service and local option sales tax categories.

The minutes note that the new fiscal year began July 1 and that SRF planning and design loan activity is in process; the clerk’s report referenced new state legislative bills that took effect July 1. The council did not take further budget actions at the July 10 meeting; the audit for the current fiscal year is expected to be completed in the fall per the council’s finance committee report.

These tables are included in the official meeting record; any budgetary changes or appropriations beyond what's listed would require subsequent council action.