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Finance director reports income-tax uptick and lists recent expenditures
Summary
Director of Finance Becky said income tax was up 14% in June (9% year-to-date), reported receipts of $605,628 through last Friday, and listed several expenditures over $10,000 including $70,416 to Filmore Construction and $107,617 for liability insurance.
Director of Finance Becky told council that the June financial reports were emailed to staff and council and that income tax receipts for June were up 14%, putting the municipality "up 9% for the year." She said receipts through last Friday totaled $605,628 and that there were 132 receipts processed.
Becky listed expenditures over $10,000 since the last meeting: $70,416 to Filmore Construction for Fellows Avenue improvements; $16,835 to an IT support vendor (App Advisex); $25,025 to Darby Farms for sledge hauling; $24,875 to Dow Construction for labor; and $107,617 for annual liability insurance (Helen Hamilton). She invited council members to raise questions about the reports if needed.
