City releases second quarter figures
Last updated 8/5/2022 at 1:35pm
DAVENPORT—The city’s financial standing for the second fiscal quarter of 2022, including its spending habits and money taken in, was presented to the finance committee prior to council’s regular meeting Wednesday, July 29.
Just 60% of the city’s budgeted revenue came in for the second quarter, with $1,848,339 received out of $3,089,080 budgeted.
The city received 61% of its expected revenue for property tax ($165,294), 73% of its expected sales and use tax ($220,054,) 50% of its expected motor vehicle fuel tax ($15,425), 56% of expected hotel/motel tax revenue ($2,224), 25% of exp...