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Finance director reports midyear finances; council hears pool funding uncertainty
Summary
The finance director presented a two-quarter fiscal update showing about $2.2 million in revenues to date and a projected one-time-driven deficit; council heard that the Honey Lake Valley Recreation Authority Board decided not to extend the pool season and staff are coordinating with the high school and county on funding.
The city’s finance director (introduced in the agenda as Shanta Jacks) presented the midyear report covering the first two fiscal quarters, outlining payroll and benefit totals, business license counts, sales-tax trends and department spending.
According to the presentation, the city recorded roughly $2.2 million in revenues (about 20% of the general fund budget) through the…
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