Seabrook reports modest revenue shortfall through November, stronger December receipts
Summary
City finance staff told council that through November Seabrook collected $2.1 million in revenues—about $166,000 under budget—but December receipts improved, including $780,000 in property-tax collections, leaving the quarter roughly on track.
At the Jan. 20 Seabrook City Council meeting, the finance presenter reviewed the city’s November and December 2025 results and fund-by-fund projections.
"Through November, we had collected 2.1 million in revenues," the presenter reported, noting a roughly $166,000 shortfall from budgeted revenues and underspending in expenditures that produced an estimated $15,000 net increase to the general fund balance through November. The enterprise fund outperformed its budget through November, producing $2.3 million (about $220,000 over projections).
December brought stronger collections: property-tax receipts of $780,000 and sales-tax receipts modestly above budget. Staff projected small positive movements to ending fund balances across several funds, including an enterprise-fund increase of about $46,000 through December and a projected Hotel/Motel fund balance near $551,000.
Council had no immediate questions that altered the projections. Staff offered to answer follow-up questions about revenue drivers and suggested council monitor sales-tax trends as the fiscal year continues.
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