 |  | 5919 MAIN STREET . NEW PORT RICHEY, FL 34652 . 727.853.1016 |
| TO: | City of New Port Richey City Council | | FROM: | Crystal S. Feast, Finance Director | | DATE: | 2/21/2017 | | RE: | Quarterly Financial Report |
REQUEST:
Submitted for your review is the City of New Port Richey's quarterly report for the period ending December 31, 2016. The intent of this report is to provide the Council, staff, and citizens with an overview of the financial condition of the City for the first quarter of Fiscal Year 2017.
DISCUSSION:
The Finance Department has prepared the quarterly financial report for the period ending December 31, 2016. The report includes an overview for each fund, budget to actual comparisons, cash & investment summary, and debt service summary.
RECOMMENDATION:
The City Council is asked to accept the Quarterly Financial Report, ending December 31, 2016.
BUDGET/FISCAL IMPACT:
There is no fiscal impact resulting from accepting the Quarterly Financial Report. Staff will continue to monitor and analyze revenue and expenditure trends and incorporate changes as necessary into future financial reports. | | | |