The Boerne City Council made significant strides in financial management during its recent meeting on August 12, 2025, approving a resolution to allocate funds for a new bucket truck for the electric utility. The council unanimously passed the motion, with a total expenditure not exceeding $15,195, emphasizing the city's commitment to maintaining essential services without inflating costs.

In a detailed presentation, Finance Director Sarah provided the third quarter financial and investment report, highlighting that the city is on track with its budget. Key revenue streams, including ad valorem taxes and sales tax, are performing well, with sales tax showing a year-over-year growth of 6.1%. Sarah noted that the city’s interest revenue remains stable despite recent decreases in the Federal funds target rate, projecting continued financial health as the fiscal year concludes.

Permit revenues have also exceeded expectations, reaching 117% of the budget, driven by a robust second quarter in residential permits. The council expressed optimism about meeting budget goals for hotel and motel revenues, despite current figures being at 55% due to timing delays in revenue collection.

Overall, the meeting underscored the city’s strategic approach to financial management, with council members reinforcing their commitment to responsible budgeting and service delivery. The council's decisions are expected to bolster the city's operational capabilities and ensure continued fiscal excellence as they move into the final quarter of the fiscal year.