Title
Oral Report - Review of 2016 Year-End Numbers
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Review the preliminary 2016 year-end numbers and direct staff to forward the necessary ordinances to the full Council.
Report
Issue:
Whether to authorize staff to proceed closing 2016 accounting records and bring forward any necessary ordinances appropriating any excess fund balance above the 10% reserve.
Staff Contact:
Jane Kirkemo, Administrative Services Director, 360.753.8499
Presenter(s):
Jane Kirkemo, Administrative Services Director
Steve Hall, City Manager
Background and Analysis:
Staff is still in the process of closing out fiscal year 2016. These numbers are very preliminary. However, we wanted to give the Committee a quick look at the financial position. This will be an oral report. Staff can also discuss any revenue options available.
Attachments:
None