Laserfiche WebLink
05-2 <br />LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. VI. A. <br />XX Information <br />Meeting Date: October 3, 2016 _ Action Item <br />Consent Agenda <br />SUBJECT: Monthly Financial Report for August 2016 <br />DEPARTMENT: Finance <br />CONTACT PERSON: Lisa G. Minter, Finance Director <br />REQUEST: N/A — Information Only <br />SUMMARY: Attached is the Monthly Financial report for August 2016. Please <br />remember that sales tax revenues run three months behind. In <br />reviewing expenditures, the percentage used target is 16.67%. <br />Many departments are near or exceeding the target as of the end of <br />August. This is due to the payment of annual membership dues, <br />annual maintenance contracts, annual workers' compensation <br />insurance premiums and annual general property and liability <br />insurance premiums. Finance is also exceeding due to payments <br />related to the annual audit. Departments showing 25% used are <br />quarterly appropriations. <br />BUDGET IMPACT: N/A <br />ATTACHMENT(S): Monthly Financial Report for Month Ended August 31, 2016 <br />PUBLIC HEARING: No <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: N/A — Information Only <br />