Item Coversheet

STAFF REPORT - CITY COUNCIL/SUCCESSOR AGENCY/PUBLIC FINANCE AUTHORITY

Subject:Revenue Report Cannabis Operations for Quarter Ending September 30, 2020-Information Only
Meeting Date:January 7, 2021
From:Marissa Trejo, City Manager
Prepared by:Jasmin Bains, Financial Services Director


I.    RECOMMENDATION:



II.    BACKGROUND:



III.   DISCUSSION:

As shown on the attachment, we received $333,656.13 for the quarter.  A total of $1,081,739.00 was budgeted for the current fiscal year.

IV.   ALTERNATIVES:



V.    FISCAL IMPACT:

ATTACHMENTS:
File NameDescription
Cannabis_Related_Revenue_FY2020-2021_Q3_2020.pdfCannabis Revenue Q3 2020