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Comptroller reports $43.4 million in city funds; general fund up to $14.5 million
Summary
Comptroller Paulette Overman told the council the city's combined funds total about $43.4 million and the general fund rose from $11 million to $14.5 million as of June 30, 2025; capital-projects spending to date is $3.7 million with a capital balance of about $12.2 million.
City Comptroller Paulette Overman presented the third-quarter financial report for the fiscal year ending June 30, 2025, saying the city has a combined fund summary of about $43,400,000 and that the general fund balance increased from $11,000,000 to $14,500,000 over the reporting period. She identified a $1,145,000 reduction in a water-distribution vehicle line attributable to changes in lease-accounting and the VERF, and noted capital-projects spending of roughly $3,700,000 against a $12,200,000 capital balance.
Council members followed with questions about specific line items. One asked about a negative $500,000 amount shown under non‑departmental revenue; staff characterized that figure as an attrition/vacancy adjustment. Another council member pressed staff to clarify what public-safety donations and grants are being spent on; staff described a mix of recurring community grants (Walmart), opioid/LEO grants and restricted flows that move from the general fund into Fund 37 for restricted purchases.
