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CITY COUNCIL AGENDA COMMUNICATION |
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| | | | | | | | | AGENDA DATE: | July 27, 2021 |
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| | | | | | | | | SUBJECT: | Receive the Financial Report for Period Ending June 30, 2021. |
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| | | | | | | | | STAFF RESOURCE: | Pete Phillis, Chief Financial Officer
Chris Landrum, Assistant Chief Financial Officer
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| | | | | | | | | ACTION PROPOSED: | Receive the Financial Report for Period Ending June 30, 2021. |
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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, 2021. Total revenues through quarter three were $188,928,018 or 79.5% of the budgeted amount and total expenditures were $158,213,179 or 66.1% of the budgeted amount. This report includes three quarters of fiscal year 2021 and prior fiscal year 2020 actual amounts for comparison purposes.
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| | | | | | | | STAFF RECOMMENDATION
Staff recommends that the City Council receive the Financial Report for Period Ending June 30, 2021.
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| | | | | | | | MOTION
I make a motion to accept the Financial Report for Period Ending June 30, 2021.
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