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Park Board reviews December financials; consent agenda approved unanimously
Summary
The Spokane Park Board received December financial reports showing parks at about 99% of budgeted revenues and 95% of budgeted expenses through December. The board approved the consent agenda by unanimous voice vote and staff said year-end adjustments (a 13th-month closeout) will be reported in March.
Rich Lentz, finance staff, presented December financials to the Spokane Park Board and said parks’ year-to-date revenues were roughly 99% of budget while expenses were about 95% through December, with routine 13th-month adjustments still outstanding.
"Through December, Parks has earned about 99% of what we budgeted for revenues and has spent about 95% of budget expenses," Rich said, adding the department expects the 95% figure to…
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