by Janice Daniel

The Financial Report as of March 31, 2025 was given by CFO/Interim City Manager, Jennifer Hallman as follows:

Total Cash is at $47,763,076, a 7% decrease from same time last year

Property Taxes collected at $5,793,885, or 97% of Budget

Self-Funded Insurance – a gain of $197,149 with $1,787,299 in bank

Growth in Residential Building Permits, Water & Sewer Taps – $627,362 over this time last year

Sales tax at a loss of $17,189 over this time last year

Water/Sewer Enterprise Fund Net Loss $ (429,472)

Sanitation/Solid Waste Enterprise Fund Net Income $63,990

The Council went into Executive Session and when they came back to Regular Session, the following business was taken up:

Under Personnel:

Motion to approve $1,500 per week salary increase to CFO Jennifer Hallman while acting as Interim City Manager, effective 5/1/25, approved unanimously.

Motion to approve $1,000 per week salary increase to Utilities Director, John Bain while acting as Interim Deputy City Manager, effective 5/1/25, approved unanimously.

Motion to approve $500 per week salary increase to Amanda Long while acting as Interim Finance Director, effective 5/1/25, approved unanimously.

Under Real Estate:

Motion to approve purchase of parcel V05 0150024 at 100 E. Gordon Street for $390,000 plus relocation cost of $4,200, approved unanimously.

Motion to approve purchase of parcel V05 0150059 at 415 Darden Street for $15,000, approved unanimously.

Motion to approve purchase of parcel V05 0150081on Darden Street for $26,000, approved unanimously.

Motion to approve purchase of easement on parcel V05 0150075 at North Carroll Road for $6,490, approved unanimously.

Motion to approve purchase of parcel V05 015 0075 on Darden Street for $35,000.00, approved unanimously.

Meeting adjourned.