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Shrewsbury reports revenue gains, lower-than-expected senior property tax credit costs and names new finance director
Summary
City Administrator Dustin Ziebold reported general fund revenue is up but expenses have also risen; a matured CD returned roughly $1,100. The 2025 Senior Property Tax Credit projection totals $9,301.34 and Amanda Guntrum was announced as the incoming Finance Director, starting Dec. 22, 2025.
City Administrator Dustin Ziebold told the Board of Aldermen on Nov. 25 that overall general-fund revenue is up for the period covered by the monthly report, but so are expenses. He said the city received the first matured certificate-of-deposit (CD) investment return — a three-month CD that yielded roughly $1,100 per the Monthly Financial Report.
Alderman Ben Stark asked about the Sewer Lateral program’s funding allocation. Ziebold responded that funds for that program come from taxes collected and that the city typically does not see those funds until December.
On the 2025 Senior Property Tax Credit Program, Ziebold said projected totals are significantly less than initially projected: $1,445.70 will come from road and bridge funds and $7,855.64 from general funds, combining to $9,301.34.
Ziebold also announced that the city’s interview process produced a successful candidate for Finance Director: Amanda Guntrum is scheduled to begin in the position on Dec. 22, 2025. Ziebold said Guntrum’s finance experience will be important for upgrading systems and enabling electronic approvals.
The minutes record these updates and the board’s questions but do not include supporting documents beyond the Monthly Financial Report reference. No budget amendments or formal votes on finance items were recorded at the session.
