DATE: June 13, 2019
TO: Board of Mayor and Aldermen - Budget and Finance Committee
FROM: Eric Stuckey, City Administrator
Kristine Brock, Assistant City Administrator/CFO
Mike Lowe, Comptroller
SUBJECT:
title
Financial Report - 3rd Quarter FY 2019
body
Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the financial status of the City as of March 31, 2019.
Background
The quarterly report is provided to the Budget & Finance Committee in order to keep the committee apprised of financial performance, and comparison of performance to budget.
Financial Impact
There is no financial impact from the report.
Recommendation
rec
Report is for information only.