Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Rock Island sees near-benchmark revenues in second-quarter financials; staff forecasts modest 2024 surplus
Summary
City staff reported second-quarter results showing general fund revenue at 49% of benchmark and expenditures at 42%, ARPA spending at roughly 41% of its budgeted amount, and a forecast of about a $1 million surplus for 2024; council asked few questions and moved on to an ARPA update.
City staff presented the second-quarter financial report, saying the general fund had received 49% of its budgeted revenues and spent 42% of appropriations for the period.
Jessica, who delivered the report, told Mayor Tomes and council members that special revenue funds and enterprise funds showed mixed results: library fund revenues were at about 32% with expenditures…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
