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Universal City presents unaudited FY2024 fourth-quarter financials; golf course operations noted as near break-even
Summary
Finance Director Christine Green presented unaudited Q4 fiscal-year 2024 financials showing a general fund surplus of roughly $700,000 and utility and golf course summaries; council discussed making the golf course cover operating costs.
Finance Director Christine Green presented the city's unaudited fourth-quarter financial report for fiscal 2024 during the Jan. 7 meeting and answered council questions about key fund results and next steps.
Green said the report is unaudited and the audit is pending. She reported the general fund revenues exceeded expenditures by approximately $700,000, attributing the surplus to higher sales-tax revenue and interest income and a $132,000…
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