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Treasurer reports revenues above budget; Commission approves financial report

Town of Palm Beach Shores Town Commission ยท September 23, 2024
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Summary

Town Treasurer Darlene Hopper reported cash and investments of $3,158,208 and revenue YTD of $6,796,488 (103% of budget); commissioners approved the August 2024 financial report 4-0.

Town Treasurer Darlene Hopper presented the September 2024 financial report and recapped expenditures, revenues and disbursements attached to the agenda. She told the Commission, "Cash and Investments are $3,158,208, and Revenue YTD is $6,796,488, which is 103% of the Budget. Expenditures are $6,569,098, which is 95% of the Budget."

Following the presentation, Commissioner Steven Smith moved to approve the August 2024 financial report; Commissioner Kathleen McGahran seconded. The motion passed 4-0.