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08-12-2024 - Council Meeting Agenda Packet (2)
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08-12-2024 - Council Meeting Agenda Packet (2)
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8/9/2024 2:14:22 PM
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8/9/2024 1:57:29 PM
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City Council
Council Document Type
Council Packet
Meeting Date
08/12/2024
Council Meeting Type
Work Session Regular
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CITY COUNCIL <br />REGULAR MEETING STAFF REPORT <br />AGENDA ITEM 1F <br />STAFF ORIGINATOR: Hannah Lynch, Finance Director <br />MEETING DATE: August 12, 2024 <br />TOPIC: 2nd Quarter 2024 Financial Report <br />VOTE REQUIRED: Simple Majority <br />INTRODUCTION <br />Staff has prepared the 2nd Quarter 2024 Financial Report for Council's review and approval. <br />BACKGROUND <br />Staff has reconciled all bank and investment account through June 30, 2024. The Quarterly <br />Financial Report contains unaudited information as follows: <br />• Investments Summary <br />• Cash Balance by Fund <br />• General Fund Budget to Actual <br />• Rookery Activity Center Fund Budget to Actual <br />• Water Fund Budget to Actual <br />• Sewer Fund Budget to Actual <br />• Storm Water Fund Budget to Actual <br />Each Budget to Actual analysis provides a summary of significant activity. Full general ledger <br />detail can be found on pages 10-23. <br />RECOMMENDATION <br />Consider approval of the 2nd Quarter 2024 Financial Report. <br />ATTACHMENTS <br />2nd Quarter 2024 Financial Report <br />1 <br />
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