City releases second quarter finances
64% of expenditure budget spent
Last updated 7/20/2023 at 8:56am
DAVENPORT — The city finance committee reviewed the second quarter finances ahead of city council’s regular meeting Wednesday, July 12. 57% of the projected revenue came in, while the city spent 64% of its budget for second quarter expenditures.
However, the city spent only $305,581 of the budgeted $1,605,767 out of the current expense budget. In total, the city spent $2,748,625 of its budgeted $4,300,798 for the quarter.
Expenditures out of current expense included:
$22,730 to legislative and executive services
$30,610 to finance and facilities
$157,844 to law enforcement