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Finance committee: August report shows transfers to capital, health insurance fund shortfall

6440867 · September 23, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff reported August revenue and expenditures, noting a $1 million transfer to the general fund, a $6 million earlier transfer to the capital projects fund and a year‑to‑date health insurance fund shortfall.

Jeremy Flaker, the city's finance director, presented the August 2025 finance report to the Finance and Personnel Committee on Sept. 22. Flaker reported that the health insurance fund had revenues just over $433,000 for August and expenditures of about $4,477,000 year to date, leaving a net…

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