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CITY COUNCIL AGENDA COMMUNICATION |
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| | | | | | | | | AGENDA DATE: | July 25, 2017 |
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| | | | | | | | | SUBJECT: | Receive the Financial Report for Period Ending June 30, 2017. |
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| | | | | | | | | STAFF RESOURCE: | Eric Cannon, Chief Financial Officer
Casey Bennett, Financial Analyst |
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| | | | | | | | BACKGROUND
Financial
reports are prepared each quarter for the General Fund, Water and Sewer
Fund and other funds for which annual budgets are prepared. Attached
are copies of the unaudited reports for the period ending June 30, 2017.
Total revenues were $170,435,817 or 75.9% and total expenditures were
$149,284,401 or 60.7%. This report includes the three quarters for
FY2017, however, it does not represent final audited amounts. Prior year
FY2016 actual amounts have been provided for comparison purposes.
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| | | | | | | | STAFF RECOMMENDATION
This report is an informational item. No action is necessary.
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