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The original item was published from 1/16/2020 2:09:00 PM to 2/17/2020 12:00:04 AM.

News Flash

City of Winooski News Updates

Posted on: January 16, 2020

[ARCHIVED] Finance Liaison Update - January 2020

Finance Liaison

By Mayor Kristine Lott

The Winooski Finance Commission continued working to understand the City’s financial landscape as they get off the ground. In December, the group shared questions they had and discussed what information they would like to see to gain a base knowledge of our revenues and expenses. We spent the January meeting looking at just that. Follow the link below to see a breakdown of the City’s:

  • sources of revenue and how they’re split across funds
  • expenses broken down by both type function (city service)
  • key services provided and outcomes achieved by function

At the February meeting, we will look at our reserve funds (our savings) and the Tax Increment Finance District (the downtown debt and financing).

View the related documents and minutes of the meeting here.

Feel free to reach out with questions regarding this update: Mayor Kristine Lott –

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