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Fairfield Has Positive October, But Remains In The Red Financially

By Tony Collins Nov 14, 2023 | 5:54 PM

The City of Fairfield has released their financial statement for the month of October. Overall, the city recorded a net profit of $227,074.

For the month, the city took in $1,956,090 while spending $1,729,016. For the year, the city remains at a deficit of $159,712.

Looking at the numbers at the end of October, the city has a cash flow of $265,234. The city spend $331,397 on payroll. In gaming income, the city brought in $11,121 while in sales tax revenue, the city brought in $139,378.

As of October 31, the city had a balance in the general fund of $1,499,644.03