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Forney midyear budget report: revenues and spending roughly on track
Summary
Finance staff told council the General Fund and Utility Fund are close to targets at midyear; most departments are under 50% of budget and no department is overspending, though a 2025 insurance reimbursement affects comparative Utility Fund figures.
Finance staff presented a midyear fiscal update on revenues and departmental spending for fiscal year 2026, telling council that the General Fund and Utility Fund performance is similar to the same point in 2025 and that few departments are exceeding expected spend rates.
"We're still right where we need to be as far as revenue goes in the General Fund," Finance staff said, noting that most departments were at or below the 50% spending benchmark for the year-to-date comparison. The presenter pointed to a few anomalies — including a significant insurance reimbursement in 2025 that makes year-over-year utility fund comparisons look odd — but emphasized no departments were overspending at the time.
Council took no immediate budget actions after the presentation; the update was framed as informational and staff invited questions, saying they would provide more details later in the meeting for departments with follow-up material.
