1 result for “delinquent accounts” · budget
The Borough of Mahanoy City's 2025 Mid-Year Fiscal Report, dated July 30, 2025, compares actual income and expenses for January through June against the full-year budget and projects a year-end surplus. Through June 30, the General Fund showed revenues of $1,743,892 (58.2% of the $2,998,137 annual budget) and expenditures of $1,544,644 (48.0% of the $3,218,085 annual budget), resulting in a mid-year surplus of $199,248. Major revenue sources performing above budget included delinquent real estate taxes at 101.1% of budget ($151,693 actual versus $150,000 budgeted) and state capital and operating grants at 166.6% of budget ($189,122 actual versus $113,511 budgeted). Fund balances across all accounts totaled $1,211,098 as of June 30, 2025, with the largest balance in the General Fund at $627,152.
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