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Committee members praise streamlined ops, ask about $1M in accounts receivable and meeting timing
Summary
Members praised fewer budget adjustments as a sign of stabilization; a committee member asked about accounts receivable at June 30 (Presenter replied a little over $1,000,000) and members discussed changing meeting times to improve attendance.
Committee member S4 praised the smaller number of budget adjustment line items, saying it suggests the city is "starting to streamline and become more efficient." S4 contrasted the current 12 line items with prior years when the city had larger negative balances and described the reduction in adjustments as a sign of improved financial operations.
Committee member S5 asked, "At the end of the year, June 30, how much AR were you waiting on to come in total?" The Presenter answered, "A little over 1,000,000," and said that amount included two specific grants. Members also discussed moving meeting times and possibly meeting quarterly for 0.25 financial reviews to improve attendance; the Presenter agreed to schedule future meetings with advance notice.
