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Finance director presents third-quarter variance and vendor listing; building permits above estimate, Prop S proceeds partly spent
Summary
The finance director reported the city’s third‑quarter variance figures through March 31 and provided a vendor listing showing payments through the third quarter.
The finance director reported the city’s third‑quarter variance figures as of March 31 and provided a vendor listing showing payments through the third quarter.
Highlights: real property tax collections were roughly 94.7% of the expected annual amount as of March 31. Building and construction permit receipts exceeded the estimate: the city had collected $51,732.31 against an estimated $48,000 (about 107.8% of the estimate). The director said inspection and occupancy fees vary with timing and are…
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