Through the end of October 2023, the city of Dalton brought in $33.103 million in revenue, down from $34.538 million during the same period in 2022, but up from the budget forecast of $31.899 million.
Spending was $35.566 million through the end of October, down from $42.489 million in the same period in 2022 and from the $39.299 million in the budget forecast.
That left the city with a fund balance of $24.073 million, compared to $20.154 million at the end of October 2022.
Public safety — the fire and police departments — was the largest spending item, $14.452 million through the end of October. That was followed by public works and infrastructure ($6.081 million) and recreation and culture ($3.211 million).
Expenditures for some other departments through the end of October were:
• Administration ($536,475)
• Buildings and grounds ($328,751)
• City clerk ($308,271)
• Finance ($707,236)
• Human resources ($354,164)
• Information technology ($514,903)
• Municipal Court ($452,884)
City-owned Nob North Golf Course had $1.431 million in revenue through the end of October, up from $1.221 million in the same period in 2022. It had $1.082 million in expenditures through October, compared with $933,995 in spending in the same period in 2022.
Users played 29,976 rounds of golf through the end of October, compared to 26,328 rounds of golf in the same period in 2022.
At the end of November, the city’s pension fund had total assets of $132.888 million, up from $125.590 million at the end of November 2022.
The city closed the pension plan in July 2002, and all employees hired by the city or by Dalton Utilities since are covered by a defined contribution plan similar to a 401(k) in which employees can put in a share of their paycheck in each pay period and the employer puts in some matching funds. Employees hired before the pension plan was closed can retire with a full pension at age 65 and five years of service or age 55 and 25 years of service.