Administrator reports fund balance, projects lower reserves if current requests are approved
Nov 19, 2024
Nov 19, 2024
The administrator reported an end-of-2023 fund balance just under $150,000, year-to-date revenue around $109,000, outstanding approved requests of about $126,000 and projected end-2025 balance near $40,000 if current requests are granted.
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The commission's administrator presented a financial summary showing the tourism/room-tax fund balance and projections for 2024–25.
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