As the City of Borger approaches the end of its fiscal year, financial discussions took center stage at the September 16th City Council meeting. City officials highlighted the importance of closely monitoring financial reports, particularly the encumbrance column, as they navigate the final month of the budget cycle.
City leaders acknowledged some delays in processing credit card transactions and reconciling bank statements due to a recent financial system transition. Despite these challenges, they assured residents that the financial reports remain mostly accurate, thanks to diligent tracking of purchase orders for expenses.
The council emphasized the need for transparency and accuracy in financial reporting as they prepare for the upcoming budget discussions. With just one month left in the fiscal year, the focus will be on ensuring all financial matters are resolved efficiently.
This meeting underscores the city's commitment to maintaining fiscal responsibility and transparency as they move forward into the new budget year.