Mayor reports fiscal-year financials 'looking really good' through August
At the Red Bank work session, the commission reviewed the city's month‑two financial report: revenues are described as generally favorable, expenditures include some one‑time charges, and staff said most early-year expenses were already budgeted so no immediate amendment is anticipated.
The full story
The Red Bank work session opened with a financial update through August, described by Speaker 1 as the second month of the fiscal year. "We are actually looking really good for our revenue," Speaker 1 said, noting that some line items exceed the 16.67% monthly benchmark while others remain at zero; overall year‑to‑date revenue was summarized as about 7%.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in