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Benbrook council accepts April finance report; director cites $6.87 million year-to-date surplus
Summary
Finance Director Mr. Overgaard presented the April report and said fiscal year-to-date revenues exceeded expenditures by $6,872,259; he provided line-item April totals and reported year-to-date sales tax of $2,894,635, 5.4% above last year through April.
Finance Director Mr. Overgaard presented the city's report for the period ending April 30, 2026 and recommended acceptance. "Fiscal year to date revenues exceeded expenditures by $6,872,259," Overgaard said and provided a breakdown of April receipts (property tax, franchise tax, permits and fees, fines and forfeitures, charges for services, intergovernmental revenue, interest, miscellaneous and sales tax).
Overgaard reported April expenditures by category (infrastructure maintenance, community development, administration, non-departmental, staff support services and public safety) and noted the Projects Fund had sufficient capital funds available and the next debt service payment is due August 1. He also reported year-to-date sales tax revenue of $2,894,635, or 5.4% more than the same period last year. Councilmember Mary Mackey moved to accept the finance report; the motion was seconded and passed.
Note on transcript numeric entry: an overall revenue figure read aloud earlier in the presentation appears garbled in the meeting transcript and is not stated here; Overgaard's line-item totals and the fiscal surplus figure above reflect the clear numbers he read into the record.
