In the latest government meeting, officials reported strong financial performance for the month of August 2024, marking the 11th month of the fiscal year. The general fund revenues reached $27,850,406, exceeding the budget by 113.5%. Expenditures totaled $21,516,631, representing 87.7% of the budget, resulting in a surplus of $6,333,775.

A detailed breakdown of August revenues revealed contributions from various sources: property tax generated $33,312, franchise tax brought in $99,156, and permits and fees accounted for $47,808. Additionally, fines and forfeitures totaled $56,039, while charges for services yielded $90,322. Revenue from other agencies was reported at $63,637, and interest and miscellaneous sources contributed $106,640. Notably, sales tax revenue for August was $340,711, with fiscal year-to-date sales tax reaching $4,295,304, reflecting a 2.5% increase compared to the same period last year.

On the expenditure side, significant allocations included $385,309 for infrastructure asset maintenance, $66,366 for community services, and $914,821 for public safety. Other expenditures included $102,682 for administration, $49,647 for non-departmental expenses, and $78,078 for staff support services.

In the debt service fund, revenues for August amounted to $2,138, solely from property tax, with no expenditures recorded for the month. This financial update underscores the government's robust fiscal health as it approaches the end of the fiscal year.