1 result for “delinquent accounts” · budget
The Borough of Mahanoy City's 2025 Mid-Year Fiscal Report, dated July 30, 2025, compares first-half actual revenues and expenditures against the full-year 2025 budget and projects an overall annual surplus. Through June 30, the General Fund recorded revenues of $1,743,892 (58.2% of the $2,998,137 annual budget) against expenditures of $1,544,644 (48.0% of the $3,218,085 annual budget), yielding a mid-year surplus of $199,248. Notable revenue variances include delinquent real estate taxes at 101.1% of the $150,000 budget ($151,693 collected), state capital and operating grants at 166.6% of budget ($189,122 actual versus $113,511 budgeted), and highway and streets revenues at 5,283.3% of budget ($137,366 actual versus $2,600 budgeted). Fund balances as of June 30 across all accounts totaled approximately $1.183 million, with the General Fund holding $627,152 and treasury note balances of $1.406 million maturing October 14, 2025.
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