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Council questions year-to-date finance report; staff to provide details
Summary
Council members questioned a year-to-date general fund report showing expenditures exceeding revenues; staff identified timing of revenue and a deliberately lowered budget base as main causes and said they will follow up with a detailed email. Council also requested an in-person presentation from a consultant on an unrelated AP Triton report.
Council members raised questions about the citys year-to-date general fund report after staff presented numbers showing expenditures exceeding revenues in the current year.
A council member described the report as showing "actual general fund expenditures, 3,000,000 and some change, revenue, a million 9, and just so showing a net result of negative 1,200,000," and…
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