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Canton staff reports July finances: $50.8 million in cash and investments, general fund near budget target
Summary
City finance director presented the July monthly financial report showing $50.8 million in cash and investments, general fund revenues at about 98% of budget and year-to-date net revenue exceeding expenditures by roughly $900,000.
Canton’s finance staff presented the July monthly financial report on Sept. 4, reporting $50.8 million in cash and investments and general fund revenues roughly at 98% of the adopted budget.
Finance Director Luckett told the council total cash and investments as of July 31 were $50,800,000, roughly unchanged from the prior month. He reported the general…
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