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Finance director presents quarterly financial snapshot as Marina heads into budget season
Summary
Finance Director Tori Hannah delivered the city’s first quarterly financial report, noting timing lags for key revenues and explaining that a one‑time land‑sale last year skews year‑over‑year comparisons; staff will provide more detailed analysis during a March budget workshop.
The City of Marina’s finance director presented a new quarterly financial report at the Feb. 19 council meeting as the city begins its annual budget cycle.
Finance Director Tori Hannah said the quarterly report will be produced regularly and timed to align with the treasurer’s reports, with the caveat that fourth‑quarter results will be published later in the fall because key accruals and late revenue postings (sales tax, transient-occupancy tax) lag the fiscal year close.
Hannah highlighted that some…
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