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Kearney finance director says April is quiet month but capital outlay already at 41% of budget
Summary
Finance Director Stephanie Harris told the Board of Aldermen that April—the first month of the city's fiscal year—showed light overall activity but capital outlay in the general fund at 41 percent as staff began purchasing budgeted items.
Stephanie Harris, Kearney's finance director, presented the city's April monthly financial report to the Board of Aldermen, describing April as the first month of the fiscal year and saying most activity was light but noting capital purchases were already substantial.
“April, first month of our fiscal year. So there's not a lot of information that this provides for you. We are 8% through the fiscal year as of April 30,” Harris said. She told the board that capital outlay for the general fund stood at 41 percent and interpreted that as staff completing budgeted purchases early. “What that means is that staff has been busy purchasing the things that were approved in the budget,” Harris said. She added that otherwise activity for April was light and that nothing in the report “really stands out.”
Board members had no immediate questions during the meeting and accepted the report as presented. Harris offered to follow up if aldermen later had specific questions. The board took no budget votes at the meeting; the report was informational and intended to update the board on year‑to‑date activity at the very start of the fiscal year.
The mayor and staff also noted upcoming calendar items, including the mayor's scheduled State of the City address at the chamber luncheon on Wednesday and the board's next regular meeting on June 16.
