| General Fund Percent SpentCity Manager's Office |
General Fund Percent Spent |
Analysis | |
90% of the City's General Fund was spent by the end of 2020. This is lower than the percent spent in 2019 (99%) and 2018 (98%). As a result of the financial impact stemming from the COVID-19 virus, staff reduced General Fund expenditures by $10.5 million. This reduction was necessary for the City’s long-term financial health.
City Impact On Performance |
High - the City has direct control over the allocation of resources from the General Fund.
Goals |
Why Is This Important |
Ensuring that the City's General Fund is is well positioned to meet ongoing expenses throughout the year is an important function of the City Manger's Office.
Source |
City of Thornton City Manager's Office