Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Olivette council accepts audited financial statements for year ended June 30, 2024
Summary
Council voted unanimously to accept the audited financial statements for the fiscal year ending June 30, 2024. City finance staff and the auditor highlighted stable core revenues, impacts from TIF notes and a $741,000 decrease in the general fund balance.
The Olivette City Council voted unanimously Tuesday to accept the audited financial statements for the fiscal year ending June 30, 2024.
Mister Mann presented the audit and highlighted key figures: the city reported roughly $60 million in assets and $63 million in liabilities under full accrual accounting, a net pension liability of about $10.1 million and $17 million in reported revenues and expenses. He…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
