Title
Discussion of Multi-year General Fund Revenue and Expenditure Projections
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Discuss the City of Olympia’s multi-year General Fund Revenue and Expenditure Projections.
Report
Issue:
Whether to discuss multi-year General Fund Revenue and Expenditure Projections.
Staff Contact:
Nanci Lien, Fiscal Services Director, 360.756.8465
Presenter(s):
Nanci Lien, Fiscal Services Director, Administrative Services Department
Background and Analysis:
Each year staff calculates a five-year General Fund revenue and expenditure projection in preparation of the annual budget cycle. The projections are based on current operations and revenue sources. The projection provides an indicator of the City’s ability to maintain current services.
Staff will present multi-year General Fund Revenue and Expenditure Projections. The Finance Committee will also receive a briefing on the 2019 year-to-date revenue and end-of-year projections.
Neighborhood/Community Interests (if known):
N/A
Options:
Discussion only.
Financial Impact:
None at this time.
Attachments:
None