Title
Presentation regarding the FY25 Fourth Quarter Financial Reports.
Summary
These reports are preliminary and will change with audit adjustments as needed. The format has been expanded to include the same subcategories as presented in the budget document. This report will include more funds in FY26.
General Fund - The preliminary net change is negative $3.9M, this is less than the FY25 projected amount of $4.5M reported in the FY26 budget document.
Water/Wastewater Fund - The preliminary net change is positive $14M, this is more than the FY25 projected amount of $9.6M reported in the FY26 budget document. The water sales revenue were higher than projected and their was a transfer in from Impact Fees of $6.3M that was not included in the FY25 projected amount.
Supporting documents attached:
FY25 Q4 Financial Report
Recommended Action
N/A