Overview
Phillipsburg, the county seat of Phillips County, spent more than it took in during 2025: receipts of $7,337,391 against expenditures of $7,782,481, drawing unencumbered cash from $5,198,698 to $4,753,609 (ending cash $6,495,400 after $1,741,791 of encumbrances and payables). The General Operating Fund ran a surplus — receipts of $1,576,485 against expenditures of $1,447,878 — while the Water & Sewer Utility Fund spent $2,548,129 against $2,278,027 of receipts. Total contractual indebtedness fell to $1,208,950 after the Kansas Public Water Supply–Quanz loan ($397,795) was paid off in full.
Source: City of Phillipsburg financial statement 2025 (state portal, PDF).
At a glance — audited actuals, year ended December 31, 2025
Source: City of Phillipsburg financial statement 2025, Statement 1.
General Fund walk — audited actuals 2025
Receipts of $1,576,485 against expenditures of $1,447,878 give a $128,607 surplus; the $410,473 beginning balance rises to $539,080 unencumbered ($561,129 after $22,049 of encumbrances and payables). Spending ran $663,822 under the $2,111,700 certified budget, including $138,000 of unspent budgeted outgoing transfers.
| Receipts | Amount |
|---|---|
| Taxes (ad valorem $656,430; delinquent $16,559; motor vehicle $104,422; recreational vehicle $2,181; excise $15; 16/20M $2,472; commercial vehicle $2,958; watercraft $781; neighborhood revitalization rebate −$6,037; intangibles $38,144; special assessment $714) | $818,639 |
| Local alcoholic liquor tax | $10,128 |
| Interest on idle funds | $134,187 |
| Franchise tax | $151,947 |
| Animal tags | $2,432 |
| Fines | $12,413 |
| Reimbursements | $11,620 |
| Campground fees | $7,776 |
| Local retailers' sales tax | $298,772 |
| Licenses & permits | $4,470 |
| Other cash receipts | $66 |
| Miscellaneous | $19,840 |
| Building rents | $12,447 |
| Cemetery lots & care | $10,660 |
| Airport (rents & grains $6,950; aviation gas & oil $5,180; jet fuel $6,420; sales tax collected $1,044) | $19,594 |
| Transportation passes | $4,713 |
| Northwest Kansas Transit | $55,993 |
| Bad checks / debt collected | $788 |
| Total receipts (detail-summed) | $1,576,485 |
Expenditure departments (actual): General Government $280,608; Community Building $42,745; Municipal Court $38,784; Park Department $61,598; Cemetery $34,266; Street Lighting $47,183; Airport $74,160; Transportation Department $68,594; Library Support $50,434; Beautification $8,602; Shade Tree $1,300; Armory $18,227; Concrete Improvements $8,244; Code Enforcement $20,899; Animal Control $2,234; Outgoing Transfers $690,000 (Law Enforcement $400,000; Fire Department $50,000; Special Highway $240,000). These sum exactly to the $1,447,878 total.
Source: City of Phillipsburg financial statement 2025, Schedule 2-1 (General Operating Fund).
Major funds — audited actuals 2025
| Fund | Receipts | Expenditures | Ending cash |
|---|---|---|---|
| General Operating | $1,576,485 | $1,447,878 | $561,129 |
| Water & Sewer Utility | $2,278,027 | $2,548,129 | $2,020,319 |
| Aquatic Center | $638,124 | $643,524 | $442,912 |
| Solid Waste | $456,224 | $443,608 | $326,053 |
| Equipment Reserve | $64,191 | $230,274 | $810,386 |
| Capital Improvements | $298,772 | $729,633 | $851,876 |
| Fire Equipment Capital Outlay | $36,126 | $0 | $401,663 |
| Employee Benefit | $274,008 | $224,744 | $301,912 |
| Special Highway | $347,928 | $325,842 | $160,569 |
| Law Enforcement | $400,000 | $392,784 | $22,411 |
| Fire Department | $156,444 | $102,459 | $150,396 |
| Industrial Development | $17,951 | $0 | $148,915 |
| Bond & Interest | $80,090 | $85,605 | $15,014 |
| Total reporting entity (all funds) | $7,337,391 | $7,782,481 | $6,495,400 |
The table shows the major funds only; the statement's full fund list also includes library, parks, health-insurance, risk-management, ARPA, fight-addiction, airport capital-project, endowment, and Public Building Commission aquatic-center funds, all included in the entity totals. Two airport capital-project funds ended the year negative as printed, not adjusted: the Airport Grant Fund at negative $102,976 cash (negative $216,562 unencumbered plus $113,586 of payables) and the KDOT Street Project Fund at negative $36,647 cash (negative $194,412 unencumbered plus $157,765 of payables). Cash composition: cash on hand $450, checking $37,318, NOW account $741,554, money market $2,659,816, certificates of deposit $2,840,548, and related-entity cash $251,867, totaling $6,531,553 less $36,153 of agency funds, equaling $6,495,400.
Source: City of Phillipsburg financial statement 2025, Statement 1.
Debt
Total contractual indebtedness: $1,858,885 beginning, less $649,935 of payments, equals $1,208,950 ending, with $41,818 of interest and service fees paid. KDHE loans ended at $273,950: the Kansas Public Water Supply–AMR loan (1.65%, maturing August 2030) ended at $273,950 after a $52,140 payment, while the Quanz loan (2.54%) began at $397,795 and was reduced to $0 during the year. The Public Building Commission Series 2020 revenue bonds (2.00%, maturing October 2030) ended at $935,000 after a $200,000 payment. Scheduled 2026 principal and interest total $281,006 ($258,004 principal + $23,002 interest).
Source: City of Phillipsburg financial statement 2025, Note 13.
Sources & notes
- Only source used: City of Phillipsburg financial statement with independent auditor's report, year ended December 31, 2025 (Varney & Associates, CPAs, LLC; September 28, 2026; unmodified opinion on the Kansas regulatory basis, adverse opinion on U.S. GAAP), via the Kansas Department of Administration state portal. Read the audit (PDF). The inventory record's source URL spells the host with a capital J; the working address is the same state-portal path on admin.ks.gov.
- Sum checks: General Operating $410,473 + $1,576,485 − $1,447,878 = $539,080 and + $22,049 = $561,129; General Operating receipts components sum to $1,576,485 and expenditure departments plus transfers sum to $1,447,878; debt $273,950 + $935,000 = $1,208,950 and $1,858,885 − $649,935 = $1,208,950; cash $6,531,553 − $36,153 = $6,495,400. All verified by addition.
- Discrepancy disclosed, not smoothed: the entity walk as printed sums to $4,753,608 ($5,198,698 + $7,337,391 − $7,782,481), which is $1 below the statement's printed ending unencumbered balance of $4,753,609; the printed $4,753,609 plus $1,741,791 of encumbrances and payables equals the $6,495,400 ending cash used on this page. The $1 difference is left as printed.
- City palette: no verified City of Phillipsburg palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a city color.