TO:
Honorable Mayor and Members of the City Council
THROUGH:
Talyn Mirzakhanian, City Manager
FROM:
Libby Bretthauer, Finance Director
Julie Bondarchuk, Financial Controller
Emy-Rose Hanna, Financial Services Manager
SUBJECT:Title
Financial Report:
a) Schedule of Demands: September 2026
b) Investment Portfolio for the Month Ending September 30, 2026
c) Month-End Report for September 2026
(No Budget Impact) (Finance Director Bretthauer).
ACCEPT REPORT AND DEMANDS
Body
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RECOMMENDATION:
Staff recommends that the City Council accept the attached reports and demands.
FISCAL IMPLICATIONS:
The financial report included herein is designed to communicate fiscal activity based upon adopted and approved budget appropriations. No further action of a fiscal nature is requested as part of this report.
The total value of the warrant registers for September 2026 is $11,238,377.15.
BACKGROUND:
Finance staff prepares a variety of financial reports for City Council and the Finance Subcommittee. A brief discussion of the attached report follows.
DISCUSSION:
Schedule of Demands:
Every month, staff prepares a comprehensive listing of all disbursements with staff certification that the expenditure transactions listed have been reviewed and are within budgeted appropriations.
Investment Portfolio:
Detailed Investment reports are provided to the Finance Subcommittee with summary reporting to City Council. The month-end portfolio includes a certification by the Finance Director that all investments comply with established Investment Policies and that there is sufficient liquidity to support projected expenditures.
Month-End Financial Reports:
This package includes summary-level financial information for the month ending September 30, 2026. This report marks the third month of fiscal year 2026-2027, and reflects the annual budget adopted by City Council. The report provides monthly and year-to-date activity for a...
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