Host offererd City Council members an audit presentation for the year ending June 30, 2016. The City’s revenues exceeded expenditures by $2.1 million, with revenues over budget and expenditures under budget, Host said.
Total general fund revenues exceeded the budget by 3% or $1.4 million. The total current-year espenditures were at 94% of the budget. Public Safety expenses made up the lion’s share of total city spending (about $27 million), followed by general government, highways and streets, debt service, parks and recreation, health and welfare, and public works.
The report says operating revenues for the Sewer Fund increased 16%, while total operating expenses, including depreciation, increases by .04%. Operating revenues for the Mass Transit Fund dropped by nearly 17%.
The City Council took no formal action in its work session Wednesday evening. They then held a special meeting, behind closed doors, to “discuss matters pertaining to leasing, purchase or sale of real estate by a public governmental body.” Officials would not comment on what was discussed, or what, if any action was taken.