Pataskala finance committee reviews new finance director’s condensed monthly report and discusses budget schedule

Finance Director Jen presented a reformatted monthly finance report to the Pataskala City Finance Committee and discussed the budget schedule, prompting committee members to request clarifications on fund transfers and a utility-billing overpayment account.

The finance director said the reworked report is intended to “get the meat and potatoes of the city” and to make key data easier for committee members to review. The draft format presented includes an executive summary, a traffic-light indicator (green/yellow/red) for account lines, a page showing major revenue streams (property tax, fines, special assessments, income tax receipts), an expenses page, a fund-balance summary (beginning balance, month-to-date and year-to-date revenue and expenses,…