File #: 15-0263    Version: 1 Name:
Type: Contract/Agreement Status: Agenda Ready
File created: 3/2/2015 In control: Budget & Finance Committee
On agenda: 4/9/2015 Final action:
Title: Monthly Reports for April
Sponsors: Russ Truell
Attachments: 1. sales tax chart - March 2015, 2. sales tax report - March 2015, 3. Transit Monthly Statement February 2015.xlsx, 4. Conference Center report - Feb 2015, 5. Investment Report - February 2015, 6. Fuel Hedging report February 2015, 7. Construction Activities Report - Feb 2015
 
DATE:                  March 2, 2015
 
TO:            Board of Mayor and Aldermen
 
FROM:            Eric Stuckey, City Administrator
      
            
SUBJECT:            
title
Monthly Reports for April
body
Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning critical revenue streams that influence performance versus budget.
 
Background
The Finance Department and other departments of the City produce monthly reports on various revenues that the City receives.  Those reports are included on the Budget & Finance committee agenda in order to keep the Committee apprised of revenue expectations and actual performance versus budgeted numbers.
 
Reports include:
Local Sales Tax - January 2014
Property Tax - February 2015
Conference Center Report - February 2015
Transit Authority Report - February 2015
Investment Report - February 2015
Fuel Hedging Report - February 2015
Construction Activities Report - February 2015
 
Financial Impact
There is no financial impact from the reports, although the reports may demonstrate variance from budget.  
 
Recommendation
rec
There is no staff recommendation.  Reports are for information only.