DATE: August 12, 2015
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
SUBJECT:
title
Monthly Reports for September
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 - June 2015
Property Tax - June 2015
Conference Center Report - July 2015
Transit Authority Report - July 2015
Investment Report - July 2015
Fuel Hedging Report - July 2015
Construction Activities Report - July 2015
Financial Impact
There is no financial impact from the reports. Reports are provided to show any variance from budget.
Recommendation
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There is no staff recommendation. Reports are for information only.