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City Reviews Budget-to-Actual Financial Report for Major Operating Funds

City Reviews Budget-to-Actual Financial Report for Major Operating Funds

by ROGER GITLIN

The City reviewed its budget-to-actual financial report for the prior fiscal year, covering five major operating funds:

  • General
  • Housing
  • RV Park
  • Sewer
  • Water

The report also included an analysis of wages and benefits.

City Finance Director Linda Lever addressed the City Council with a progress report and comparison in advance of the upcoming 2026–27 budget. Several smaller funds were not included in Lever’s report.

General Fund

General Fund revenues for the previous fiscal year totaled approximately $10.27 million, about $600,000 less than budgeted. Transient Occupancy Tax revenue came in roughly four percent under budget, or about $78,000.

General Fund expenditures were also significantly lower than budgeted. As a result, the City operated in the black for the fiscal year.

Housing Fund

The Housing Authority is funded by the U.S. Department of Housing and Urban Development (HUD). Revenues exceeded the budget by approximately $140,000, while expenditures were slightly over budget.

RV Park Fund

Much of the RV Park revenue has not yet been received by the City. The RV Park will operate using an $835,000 grant. As of June 30, 2025, the fund had a working capital balance of $680,000.

Sewer Fund

Sewer Fund revenues came in substantially under budget, largely due to grant revenues also falling below projections. Remaining grant revenues and expenses will be allocated annually until the project is closed out.

Water Fund

Water Fund revenues also came in under budget. Interest and connection fee revenues exceeded projections, while service charges and reimbursements were below budget.

Wages and Benefits

Overall wages increased by one percent, while benefits rose eight percent over the past year.

The City underwent its annual audit conducted by Badawi & Associates, which issued a “clean audit” of the City’s financial position.

City Council members are scheduled to meet in May for a budget workshop focused on the 2026–27 budget.

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