Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Financial Report topic
No spam. Unsubscribe anytime.
Krebs Utilities reports $1.45 million in revenues and $159,955.69 operating income through May
Summary
City Accountant Mike Kern presented the 11-month income statement showing total revenues of $1,454,375.45, expenses of $1,294,419.76 and operating income of $159,955.69; Kern said he did not see anything unusual.
City Accountant Mike Kern presented the Krebs Utilities Authority income statement for the 11 months ending May 31, 2026, reporting total revenues of $1,454,375.45 and total expenses of $1,294,419.76 for operating income of $159,955.69.
Kern said he "does not see anything out of the normal" in the report. The figures were presented without additional line-item discussion or proposed budgetary action at the June 16 meeting.
The board recorded the financial review on the agenda but did not take separate formal action on any specific line items during the session.
