Title
Briefing on Third Quarter Financial Report
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Receive a briefing on the 2020 Third Quarter Budget to Actual Report. Briefing only; No action required.
Report
Issue:
Whether to receive a briefing on the 2020 Third Quarter Budget to Actual Report.
Staff Contact:
Nanci Lien, Finance Director, 360.753.8465
Presenter(s):
Nanci Lien, Finance Director
Joan Lutz, Fiscal Services Budget Analyst
Background and Analysis:
RCW 35A.34.240 requires a quarterly budget report to be submitted to the City Manager and City Council. The report should include a comparison of budget appropriations vs. actual expenditures and revenues received from all sources in the preceding quarter.
Staff will present a budget report representing the City’s financial activities for the period of January 2020 through September 2020.
Neighborhood/Community Interests (if known):
N/A
Options:
1. Receive the information
2. Do not receive the information.
3. Receive the information at another time.
Financial Impact:
N/A
Attachments:
None