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Selma City advisory board approves financial report; staff to clarify BID-fee accounting
Summary
The Downtown advisory board approved the financial report after staff said the AdVine contract is paid off and monthly city transfers to the BID account are on budget. Members asked staff to obtain a line-by-line explanation for recent deposits and a confusing $7.88 discrepancy in the bid-assessment totals.
The Selma City Downtown advisory board approved its financial report during a regularly scheduled meeting, after staff reported no expenditures since Sept. 30 and said the marketing contractor AdVine has been fully paid off.
Jose, the staff member who presented the packet, said the printed financial sheet looks different from prior versions and that recent deposits reflect…
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