DATE: July 9, 2015
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
SUBJECT:
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Fiscal Year 2015 - 3rd Quarter Report / Fiscal Year End Status
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Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the City’s 3rd Quarter Report and Fiscal Year End Status
Background
Financial reports are provided on a quarterly basis to the Finance Committee
Financial Impact
The quarterly report shows the City’s financial condition for each fund as of March 31, 2015
Recommendation
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No action is required. This item is for reporting purposes only.