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Winter Springs staff brief committee on year-to-date finances and assessment-district review
Summary
Finance Director Holly Queen reported year-to-date actuals through Jan. 31, including balances and encumbrances; staff said NBS will handle the assessment-district review and that any proposed rate change would be presented to the city commission with a July 1 deadline for budget submission.
Holly Queen, finance director for the City of Winter Springs, presented year-to-date financials through Jan. 31 and outlined next steps for an assessment-district review that could affect future assessments. Queen said the packet showed actual expenses, encumbrances (outstanding purchase orders) and ending balances.
Queen reported specific figures for several categories: an ending balance of about $4,000 in the grounds line and an estimated ending balance of roughly $63,000 for landscaping after current…
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