Agenda

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City Council Regular Meeting

Meeting Date:

08/06/2019

BACKGROUND

Quarterly, Staff will submit to council unaudited financial reports as an update on the City's fiscal and budget performance. Some payments that must be recorded in this quarter can occur months after the close of the period. In those cases, staff attempts to estimate the value based on prior year's fiscal performance and current year trends. The Comprehensive Annual Financial Report to be published after the fiscal year end will include actual revenue and expenses for the accounts estimated in the quarterly financial reports.

GOAL

COMMUNITY BENEFIT

SUMMARY OF RECOMMENDED ACTION

FISCAL IMPACT

RECOMMENDATION

Attachments
3rd Qtr Financial Report