Review of Monthly Financial Report - Finance Director Ryan Luckett

Summary

This item presents the monthly financial report for October and November 2025, prepared by Finance Director Ryan Luckett. The report details the financial status across various city funds, including the General Fund, Special Revenue Funds, Capital Project Funds, and Enterprise Funds. It outlines revenues and expenditures for each fund, comparing actual performance against the FY 2026 budget. Key financial metrics such as cash and investments, budget utilization percentages, and variances between budgeted and actual amounts are provided for each fund. The report also includes a portfolio snapshot of the city's cash and investment holdings.

Citizen Impact

This report provides transparency on the city's financial health and spending. Residents can review how tax dollars are being managed and identify areas where revenues are meeting or falling short of budget expectations.

Confidence

high