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City finance staff reports March-quarter finances; tourism fund balance declines after recent payouts
Summary
Finance presented first-quarter (March) reports showing revenues and expenditures generally on target, permitting revenues lagging until spring, an improving ambulance fund, and tourism funds reduced to about $57,000 after recent payments. Committee accepted the quarterly financial report and general-fund invoices.
City finance staff presented the March quarterly financial report to the Finance and Personnel Committee, describing it as the slowest three-month period of the year and noting the report shows revenues and expenditures largely tracking on target.
Finance staff (Mark) said permit revenues are behind because some large permits have not yet been pulled (Topgolf and On the Pines expected to submit soon).…
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