Legislation Details

File #: 21-153    Version: 1 Name:
Type: Informational Report Status: Filed
File created: 2/24/2021 In control: City Council Work Session
On agenda: 5/10/2021 Final action: 5/10/2021
Title: City Financial Report - Q1 2021 Presenter: Charae McDaniel, Chief Financial Officer
Attachments: 1. May Financial Report

 

Title

City Financial Report - Q1 2021

 

  Presenter: 

Charae McDaniel, Chief Financial Officer

 

Body

  Summary:

This update provides a financial report for 2021.

 

  Background: 

The monthly financial update provides quarter one revenue and expenditure compared to budget for 2021 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 8, 2020, per Ordinance No. 20-92, City Council approved the 2021 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