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Finance committee reviews January enterprise results, approves multiple purchase orders
Summary
Committee heard that wastewater and parking produced positive net income for the month but parking receipts lagged expectations; the committee approved a set of purchase orders covering engineering, software, salt and public-safety training, with two clerical corrections to PO numbers noted by staff.
The finance committee reviewed January budget-to-actual results for enterprise funds and approved a set of purchase requests.
Finance report: The director reported positive net income for both enterprise funds in January: wastewater posted net income of $234,533 and parking posted net income of $68,990 for the month. The director noted parking revenue for January was lower than expected after a new parking-management company began in January, explaining a backlog in…
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