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Town Treasurer: July revenues at 101% of budget; cash and investments $3.65 million

Town Commission of the Town of Palm Beach Shores · August 26, 2024
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Summary

Town Treasurer Darlene Hopper presented the July 2024 financial report showing cash and investments of $3,654,334, revenue YTD $6,638,979 (101% of budget), and expenditures $6,114,661 (88% of budget); the commission approved the report 5-0.

Town Treasurer Darlene Hopper presented the July 2024 financial report to the Town Commission on Aug. 26, reporting cash and investments of $3,654,334; revenue year-to-date of $6,638,979 (101% of budget); and expenditures of $6,114,661 (88% of budget). Commissioner Steven Smith moved to approve the report; Vice Mayor Tracy Larcher seconded and the motion passed 5-0.

Hopper answered commissioners' questions during the presentation and the minutes note the full report is attached to the agenda. No amendments to the budget were proposed at the meeting.

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