Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Public Finance topic
No spam. Unsubscribe anytime.
Hays council approves FY25 final financial report and monthly statements
Summary
Council approved October and November financial reports and the FY25 final report; the presiding officer cited FY25 revenues of $524,000 and expenditures near $438,000 and said the fund balance includes fixed assets.
Council reviewed and approved the city’s October and November financial reports and the FY25 final financial report at the Dec. 8 meeting. The presiding officer summarized cumulative income for the two months, customer deposit figures, accounts receivable concerns and overall FY25 totals before the council voted to approve the reports unanimously.
“For the year year ending September 30, we took in $524,000,” the presiding officer said, and noted the city’s expenditures were nearly $439,000; the officer also explained that ending fund balance figures include fixed assets such as the city building and water equipment. Council asked staff for follow-up on deposit accounting and monthly separation of water and general government activity.
