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Council presses staff on General Fund revenue projections during FY2016 review
Summary
Council members extensively questioned City Treasurer Angela Walls and City Administrator Susan Robertson about General Fund revenue assumptions and variances as part of the July 7, 2015 special budget meeting; staff provided clarifications and follow-up was requested for the July 10 meeting.
Council Member Peter Hendricks led detailed questioning of City Treasurer Angela Walls and City Administrator Susan Robertson about the General Fund revenue projections during the July 7, 2015 special meeting. Staff responded to multiple lines of inquiry about revenue assumptions and anticipated variances in the proposed FY2016 budget.
The exchange focused on the General Fund's revenue lines and how conservative assumptions would affect reserve levels and spending plans. The council requested that staff refine revenue estimates and bring updated figures to the follow-up session on July 10, 2015.
