Quarterly Financial Report

First Quarter of FY 2021-2022

Prelude

The following first quarter financial reports will address the City’s financial position as of December 31, 2021. City’s Funds included in this first Quarterly Financial Status Report consist of major Governmental Funds, Enterprise Funds, Internal Services Funds, and Construction Funds (Governmental and Utility Capital Improvement Projects). In addition to the Quarterly Financial Status Report, the Finance Department has included the City’s first Quarter Investment Report and the OPEB Trust Fund Investment Report. Overall, the City Funds’ financial position is stable, as of December 31, 2021.


The following Operational Funds make up 62 percent or $86 million of the overall FY 2021-2022 Budget. In the schedules below, the FY 2021-2022 Budget column does not include amounts related to carryover encumbrances.

Gilbert P. Reyna, Jr. Chief Financial Officer