DATE: October 17, 2016
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Russ Truell, Assistant City Administrator
SUBJECT:
title
Monthly Reports for November
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 - August 2016
Local Sales Tax - September 2016
Conference Center Report - October 2016
Transit Authority Report - August 2016
Investment Report - October 2016
Fuel Hedging Report - October 2016
Construction Activities Report - October 2016
Financial Impact
There is no financial impact from the reports. Reports are provided to show any variance from budget.
Recommendation
rec
There is no staff recommendation. Reports are for information only.