Commissioners convened for a series of quarterly financial briefings covering the General Fund, Water Fund, Sewer Fund, and Airport Fund as of the end of Q3 2025. City Manager Jones and department heads presented data indicating that while revenues generally tracked or exceeded previous year-to-date figures in most utilities, the General Fund experienced a deficit where uses exceeded sources by $5.8 million. Key themes included wage inflation, the impact of the federal government shutdown on regional employment, specific millage rate changes affecting property tax revenue, and the continued execution of the Dayton Recovery Plan.
General Fund Revenue Analysis
General Fund Expenditure Analysis
Water and Sewer Utilities
Airport Fund (Jim Turner Aviation/Gil Turner)
Dayton Recovery Plan
Economic Indicators
There, commissioners. This is the September uh briefing. As we do with our quarterly briefings, we also will include a briefing from water with regards to water funds, water sewer funds, and the air. Oh, all right. And the airport uh funds. So I will now turn it over to Jones. Thank you, City Manager. Good afternoon, Mayor, Commissioners. As the city manager mentioned, we will start with the general funds, quarter three results. We'll start with the short statement here. We'll walk through briefly the revenues, previous categories and revenues and expenditure before we dive deeper into the for each of those categories. As for the solutions for quarter three, as you can see here, sources were $3.5 million lower compared to your to date budget, and nearly $300,000 higher compared to 2024 for the same period. Sources includes the sources that we're going to talk through today, includes uh income tax, property tax base collection, local government fund, and other revenues. And as you can see here, income tax is 3.9% or $4.9 million lower. Deeper into the income tax in the next slide. For property tax and other taxes, they are uh $10.7 million above 2024 amounts, and this is largely due to the millage rate change. Um we'll also discuss that more in detail. Um for waste collection um we are seeing a 0.6% increase. Um, our CPI for waste collection. Um we do an adjustment in the rate annually. Um for 2025 rate adjustment was 2.6 percent. Um we are seeing um just a slight increase in waste collection, and that has largely to do to do with the uh build credits. Um we'll add deeper in base collection in a little bit too. Um for local government fund, um we are seeing a big increase of $2.4 million year over year. Um, and this is largely due to the U meeting the prior obligations for revenue collected uh for through the reinforcement program. Um, and so now we have caught up and we are uh simply uh getting the reduction for the past 12 months. Um that's why we're seeing this big increase in 2025. Um for other revenue, um, we are seeing 21.6 percent decline. Um, this is uh only two categories are seeing decline. One is income tax and the other is the revenue. Um the other revenue is uh largely due to the uh transfer that's booked. Um last year we did five million dollars in transfer in to the general fund from the poor enforcement fund, and this year that transfer is 3.8 million dollars. So that's why we're seeing that decline in other revenue. For total uses, um, they are um down compared to budget by 3.4 million dollars. Um, however, they are up 14.3 million dollars or 8.8 percent compared to 2024 amounts. Uh personnel costs are up 6.4% or 7.2 million dollars, um, largely in personnel cost, the 7.2 million dollars is reflective of uh civilian wage growth, uh which is approximately 2.3 million dollars in uh sworn wages grew about 3.6 million dollars. For contracts and materials and other uses, um we saw 12% growth or $4 million year over year. Um, contracts and material largely went up due to the RDC payment, um, NATO expenses, um, as well as our payment to the Miami Conservancy District, the tax payment for the levy protection system. Um, for the other uses, uh, which includes transfers, um, we have done most of those transfers. Um, we uh have few transfers that are remaining to be done that will be done at the end of the year, um, which includes the 27th pay. Um it uh also includes the employee professional development, uh, which is about 580,000, uh, which supports the employee professional development uh for the organization, um uh which is carried out by HR department, um, but it also includes 300,000 for the fire department, which funds the paramedic training program. Um most of the transfers, as I said, um are done earlier in the year. Um, and so they are uh completed in the beginning of the year. Um, the other thing I want to point out in the transfer section or the investment section is the euro dollars year neighborhood. Um, as you can see, it's up 28.7%. Um, and this is largely due to the change in allocation from issue nine to issue six. Um, we did uh increase resurfacing, it was previously $3.4 million, now it's uh $5.9 million dollars, and then we also added the um new housing program, which is $650,000. So that's what we're seeing the change in your dollars your neighborhood. Um, all in all, um, at the end, uses exceeded sources by $5.8 million dollars the end of third quarter. All right.