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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 recorded on a cash basis.
The director noted office supplies spending appeared uneven across departments because of an administrative consolidation late in the prior budget process; for the coming year the city plans to budget office supplies centrally in the executive account to avoid mid‑year transfers. Parks expenditures were above budget in part because of ongoing Deer Creek flooding and repeated repairs, the director said — a condition the city expects to budget for in the next fiscal year.
On capital finance, the director said the city received 100% of the Prop S bond proceeds and had spent $2,270,000 of those proceeds through March 31, with additional street project spending expected before fiscal year end. The vendor list in the meeting packet highlighted vendors with payments over $10,000, including Aflac (employee withholdings), a parking‑lot vendor (Bricksmore/Brixmore referenced in the packet) and audit preparation contractor Botts and Deal; the director explained that high totals often reflect multi‑year contracts or recurring obligations.
Councilors asked clarifying questions about specific line items and historical splits on certain shared bills (for example, emergency services cost splits between police and fire), and thanked finance staff for increasing the report granularity.
Ending: The third‑quarter variance and vendor listing were discussed for budget tracking; staff said they would continue to refine accounts and present budget detail at the upcoming three‑night budget work sessions.
