Legislation Details

File #: 24-084    Version: 1 Name:
Type: Informational Report Status: Filed
File created: 2/7/2024 In control: City Council Work Session
On agenda: 3/25/2024 Final action: 3/25/2024
Title: 2023 Financial Update Presenter: Charae McDaniel, Chief Financial Officer
Attachments: 1. March 2024 Financial Report 2023 Update

 

Title

2023 Financial Update

 

  Presenter: 

Charae McDaniel, Chief Financial Officer

 

Body

  Summary:

The financial update for 2023

 

  Background: 

The monthly financial update provides graphs comparing the end of year revenue and expenditure for 2023 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 13, 2022, per Ordinance No. 22-290, City Council approved the 2023 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