Title
Presentation of the Financial Report for Quarter Ended March 31, 2017 (Assistant City Manager)
Background:
The City’s Financial Policies state, “Reports shall be prepared and presented on a regular basis that analyze, evaluate, and forecast the City’s financial performance and economic condition for the current year.” Policies also require a quarterly financial reporting system be established for submittal to the City Council. This report reflects the City’s financial performance for the first quarter of Fiscal Year 2017 as of March 31, 2017.
The report was reviewed by the Finance Committee at the June 19 meeting. This report is presented for informational purposes only. No Council action is required.
Attachments:
1. Data Sheet
2. FY2017 2nd Quarter Financial Report
FUNDING
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