Staff will present a summary and analysis on the economic impact of the COVID-19 emergency on the City's current budget. There are important questions that affect level of services to be answered, concerns to be addressed, and course-correction strategies to be communicated to citizens.
The Second Quarter Financial Report for 2020 is attached and consists of the following:
- Summary Narrative
- Financial Reports
- Cash Balance Trend
- Material Revenue Performance Charts
- Fund Balance Summary
- Revenue and Expenditure Comparison to Budget and Actual Year-to-Date
- General Government Revenue Historical Year-to-Date Detail
- General Government Expenditure Historical Year-to-Date Detail
- Other Funds - Revenue, Expenditure and Fund Balance Summary
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