Legislation Details

File #: 22-211    Version: 1 Name:
Type: Informational Report Status: Filed
File created: 3/29/2022 In control: City Council Work Session
On agenda: 6/13/2022 Final action: 6/13/2022
Title: City Financial Report - Q1 2022 Presenter: Charae McDaniel, Chief Financial Officer
Attachments: 1. June Financial Report thru Q1.22

 

Title

City Financial Report - Q1 2022

 

  Presenter: 

Charae McDaniel, Chief Financial Officer

 

Body

  Summary:

This update provides a financial report for 2022.

 

  Background: 

The monthly financial update provides quarter one revenue and expenditure compared to budget for 2022 and the prior four years. The report also includes a Sales and Use Tax collection overview and updates on economic indicators.

  Previous Council Action:

On December 14, 2021, per Ordinance No. 21-112, City Council approved the 2022 Budget.

 

  Financial Implications:

N/A

 

  City Council Appointed Board/Commission/Committee Recommendation:

N/A

 

  Stakeholder Process:

N/A

 

  Alternatives:

N/A

 

Recommended Action

  Proposed Motion:

N/A

 

Summary of Ordinance Language

N/A