Legislation Details

File #: 24-085    Version: 1 Name:
Type: Informational Report Status: Filed
File created: 2/7/2024 In control: City Council Work Session
On agenda: 6/10/2024 Final action: 6/10/2024
Title: City Financial Report - Q1 2024 Presenter: Charae McDaniel, Chief Financial Officer
Attachments: 1. June Financial Report thru Q1.24

 

Title

City Financial Report - Q1 2024

 

  Presenter: 

Charae McDaniel, Chief Financial Officer

 

Body

  Summary:

This update provides a financial report for 2024.

 

  Background: 

The monthly financial update provides quarter one revenue and expenditure compared to budget for 2024 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 November 28, 2023, per Ordinance No. 23-65, City Council approved the 2024 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