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City Council Meeting Minutes June 1, 2021 <br />below with the percent of budget indicated: <br />General Fund: <br />Revenue: 73.2% <br />Expenditures: 46.2% <br />Electric Utility: <br />Revenue: 82.1% <br />Expenditures: 70.8% <br />Water/Wastewater Utility: <br />Revenues: 46.6% <br />Expenditures: 33.1% <br />Stormwater Management: <br />Revenues: 46.7% <br />Expenditures: 34.9% <br />Resource Recovery: <br />Revenues: 53.3% <br />Expenditures: 42.6% <br />Airport Fund: <br />Revenues: 52.1% <br />Expenditures: 50.7% <br />Hotel Tax Fund: <br />Revenues: 37.1% <br />Expenditures: 43.3% <br />2. Receive a Staff presentation of the Quarter End March 31, 2021 Investment Report, and <br />provide direction to City Manager. <br />Marie Kalka, Finance Director, provided a presentation on the Quarterly <br />Investment Report that covers the 2nd quarter of fiscal year 2020-2021 <br />reflecting investment activity and balances as of March 31, 2021. <br />Ms. Kalka provided an overview of the Texas Economy related to recovery <br />from the pandemic. She provided a comparison of where the City is since <br />December 31, 2020 with pooled cash and enterprise funds. As of March 31, <br />2021 pooled cash was $88.3M, reserves were $13.9M, enterprise was $170.6M <br />and reserves were $18.2M. <br />City of San Marcos Page 3 <br />