Receive monthly report on city's cash and investments for January 2018

Monthly Financial ReportBudgetReport

In Plain English

The city treasurer provides monthly updates on how much cash the city has and where it invests surplus funds. This routine report shows account balances and investment performance. City council receives these reports to monitor the city's financial health and ensure money is being managed properly.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Eduardo MartinezSeconded by: Melvin Willis
Passed

6 to 0

Thomas K. ButtAbstain
Jovanka BecklesAye
Ben ChoiAye
Eduardo MartinezAye
Jael MyrickAye
Ada RecinosAye
Melvin WillisAye

Why This Vote Matters

The council approved the city treasurer's routine monthly report on cash balances and investment performance for January 2018. This administrative report allows council members to monitor the city's financial health and ensure taxpayer money is being managed properly, but requires no action or spending decisions. The report passed with broad support, with six members voting yes and Mayor Butt abstaining. This type of routine financial oversight typically receives unanimous or near-unanimous approval from the council.

Auto-generated context. Source: official meeting records.

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.