Review city's first quarter spending and revenue report
In Plain English
The city received $41.9 million in revenue during the first 3 months of fiscal year 2022-23, which is 20.3% of the annual budget. This is below the expected 25% threshold mainly because property taxes arrive in December. Staff requests approval to increase spending in certain non-general fund accounts by $447,486.
Auto-generated summary. Source: official agenda documents.
Votes
To receive said budget report and adopt said resolution
4 to 0
Why This Vote Matters
The council unanimously approved a routine quarterly budget report showing the city collected $41.9 million in revenue during the first three months of the fiscal year. This amount represents about 20% of the annual budget, which is slightly below the typical 25% because property tax payments don't arrive until December. The council also authorized staff to increase spending in specific non-general fund accounts by $447,486. This was a standard administrative matter with three council members absent.
Auto-generated context. Source: official meeting records.
Public Comments
1 person commented (1 submitted written comments).
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