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: March 2026
b) Investment Portfolio for the Month Ending March 31, 2026
c) Month End Report for March 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.
BACKGROUND:
Finance staff prepares a variety of financial reports for City Council and the Finance Subcommittee. A brief discussion of the attached report follows.
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.
The total value of the warrant registers for March 2026 is $10,876,149.19.
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 there is sufficient liquidity to support projected expenditures.
Month-End Financial Reports:
This package includes summary-level financial information for the month ending March 31, 2026. This report marks the ninth month of fiscal year 2025-2026, and reflects the annual budget adopted by City Council. The report provides monthly and year-to-date activity for all funds and departments, presenting...
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