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Director proposes new monthly financial narrative, committee keeps item for further work
Summary
Director proposed a concise monthly financial report with narrative, a comparative summary of revenues and expenditures, staffing and capital updates; the committee voted to keep the issue in committee for iterative development and public posting.
Fairview Park’s Director of Finance presented a proposed format for a monthly financial report intended to be concise, narrative-driven and comparable to the budget document. The report would include a high-level narrative of material financial events, comparative summary tables of revenues and expenditures, staffing tables, and a capital-project update.
The director said the first draft will be produced…
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