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Rowlett reports $129 million revenue for quarter; city still ahead of forecast
Summary
Director of Finance Wendy Badgett told council that for the quarter ended June 30, 2025, Rowlett reported $129,000,000 in revenue (about $5 million, or 4%, above forecast) and $108,000,000 in expenses (about $3 million below forecast); property taxes remain the primary general‑fund source.
Director of Finance Wendy Badgett presented the comprehensive monthly financial report for the period ending June 30, 2025, telling council that the city recorded $129,000,000 in revenue for the quarter — roughly $5,000,000 (4%) above forecast — and $108,000,000 in expenses, about $3,000,000 (3%) below the revised forecast.
Badgett detailed major revenue drivers: property taxes account for roughly 60% of general fund revenues, with the city collecting about $42,000,000 in property tax revenue year‑to‑date, slightly above forecast; sales taxes, collected by the state comptroller, make up roughly 15% of the general‑fund budget and recently arrived deposits pushed sales tax receipts above forecast.
She also reported positive variances in several other categories, including interest earnings ($1,100,000), court fines ($260,000), ambulance fees ($200,000) and natural gas and electric franchise fees ($170,000). For the utility fund, water revenues were about $97,000 above forecast while sewer revenues trended slightly below by $22,000; overall utility revenues were reported $500,000 above forecast. Badgett summarized that key funds met or exceeded forecast for the fiscal year.
"This report was reviewed in more extensive detail yesterday with the city's finance committee," Badgett said, and walked council through line‑item variances and explanations for offsets in several funds. Council members thanked the finance team and city manager for stewardship and oversight.
