DATE: June 20, 2016
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Russ Truell, Assistant City Administrator
SUBJECT:
title
Monthly Reports for August
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 - May 2016
Property Tax - June 2016
Conference Center Report - June 2016
Transit Authority Report - May 2016
Investment Report - June 2016
Fuel Hedging Report - June 2016
Building Permits Reports - June 2016 and First Six Month 2016
Construction Activities Report - June 2016
Hall Income Tax - 10 Year History
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.