File #: 18-0339    Version: 1 Name:
Type: Report Status: Passed
File created: 4/5/2018 In control: Budget & Finance Committee
On agenda: Final action:
Title: Monthly Reports for April 2018
Sponsors: Eric Stuckey, Kristine Brock, Mike Lowe
Attachments: 1. Monthly Reports - April 2018

 

DATE:                                                               April 12, 2018

 

TO:                                          Board of Mayor and Aldermen - Budget and Finance Committee

 

FROM:                                          Eric Stuckey, City Administrator

                                          Kristine Tallent, Assistant City Administrator/CFO

                                          Mike Lowe, Comptroller

                                          

SUBJECT:                                          

title

Monthly Reports for April 2018 

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.

 

Beginning with the executive summary, the reports include:

Schedule 1:                     Local Sales Tax - January 2018

Schedule 2:                     Building Permits - February 2018

Schedule 3:                     Road Impact Fees - February 2018

Schedule 4:                     Facilities Tax (City) - February 2018

Schedule 5:                     Facilities Tax (County) - February 2018

Schedule 6:                     Gasoline Taxes (State Street Aid Fund) - January 2018

Schedule 7:                     Conference Center - February 2018

 

 

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.