Item Coversheet

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

Subject:Sales Tax Update for Quarter 3 2020 (July 2020-September 2020) - Information Only
Meeting Date:January 21, 2021
From:Marissa Trejo, City Manager
Prepared by:Jasmin Bains, Finacial Services Director


I.    RECOMMENDATION:



II.    BACKGROUND:



III.   DISCUSSION:

The 2020-2021 Budget amount for Sales Tax is $800,000.  The City is currently on target to meet or exceed the budgeted amount.  

IV.   ALTERNATIVES:



V.    FISCAL IMPACT:

ATTACHMENTS:
File NameDescription
2020-3.pdfSales Tax Update Q3 2020