Agenda

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12.

City Council Regular Meeting

Meeting Date:

03/23/2021

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.

Attachments
2019-20 4th Qtr Financial Statement
2020-21 1st Qtr Financial Statement