Summary
The city got a clean opinion on its finances, and sales tax grew from $8.2 million to $9 million while the general fund balance rose to $13.7 million. But the utility fund lost about $3 million — mostly power costs — and auditors flagged repeat findings on late audit submissions and year-end bookkeeping that staff are working to fix.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 8, 2026.
Impact analysis
General fund grew by $2.8 million, but the utility fund shrank by about $3 million and federal COVID relief money ($2.8 million in expenditures) has now been fully spent.
Residents benefit from a healthy general fund and a clean audit opinion that supports the city's financial reputation.
Utility customers bear rising power costs reflected in the utility fund's $3 million decline.
Mentions & discussions (1)
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