File #: 15-0212    Version: 1 Name:
Type: Contract/Agreement Status: Agenda Ready
File created: 2/11/2015 In control: Budget & Finance Committee
On agenda: 3/12/2015 Final action: 3/12/2015
Title: Monthly Reports for March
Sponsors: Russ Truell
Attachments: 1. Fuel Hedging report January 2015, 2. Transit Monthly Statement January 2015, 3. Property Tax Monthly AR Report at Jan 31 (Preliminary), 4. Investment Report - January 2015, 5. Construction Activities Report - Jan 2015, 6. Local sales tax report - Dec 2014, 7. Local sales tax chart - Dec 2014, 8. Conference Center report - Jan 2015
 
DATE:                  February 27, 2015
 
TO:            Board of Mayor and Aldermen
 
FROM:            Eric Stuckey, City Administrator
      
            
SUBJECT:            
title
Monthly Reports for March
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 - December 2014
Property Tax - January 2015
Conference Center Report - January 2015
Transit Authority Report - January 2015
Investment Report - January 2015
Fuel Hedging Report - January 2015
Construction Activities Report - January 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.