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Treasurer Johnson presents annual report; city "has money in the bank and our bills are paid"
Summary
Treasurer Johnson told council he completed the annual report and assured members that the city has funds on hand and bills are paid; the report itself was placed before council for review.
Treasurer Johnson told the council he finished the annual report and placed it before members for review. In his report he said, "We have money in the bank and our bills are paid," signaling the city's basic fiscal position for the period covered by the report.
No further detail on balances, reserves, or specific figures was provided in the recorded segments; the treasurer's statement was presented as informational and the mayor later thanked David for wrapping up the annual report during his brief update.
