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Marshall City finance report: revenues $12,560,583; expenditures $11,723,355 to date
Summary
At a council meeting, a finance committee report showed Marshall City's revenues at $12,560,583 (93.76% of projection) and expenditures at $11,723,355 (82.45% of projection). Council members Thompson and Paffrey were identified as committee members.
At the Marshall City Council meeting, a committee report showed city revenues of $12,560,583 — 93.76% of the projection — and expenditures of $11,723,355, or 82.45% of projection.
The committee report, presented during the committee reports portion of the meeting, noted the figures without further breakdown by fund or department. “Revenues are so far 12,560,583, which is 93.76% of the projection. Expenditures are at 11,723,355, which is 82.45%,” a committee member reported.
Council members Thompson and Paffrey were identified as members of the property, finance, budget and audit committee during the announcement. The report did not specify which revenue sources or expenditure categories drove the totals, nor did it include projections for the remainder of the fiscal year.
No formal motion or vote on budget adjustments was recorded during the finance report; the committee report was informational. Follow-up requests or directions to staff were not stated on the record in the provided transcript.
