TO: Richard C. Irvin, Mayor
Robert J. O'Connor, Alderman-at-Large
Sherman L. Jenkins, Alderman-at-Large
Emmanuel Llamas, Alderman
Juany Garza, Alderman
Theodoros C. Mesiacos, Alderman
William M. Donnell, Alderman
Carl Franco, Alderman
Michael B. Saville, Alderman
Scheketa Hart-Burns, Alderman
Patty Smith, Alderman
Edward J. Bugg, Alderman
Judd Lofchie, Alderman
FROM: Martin Lyons, Chief Financial Officer/City Treasurer
DATE: April 23, 2020
SUBJECT: title
Treasurer's Report - March 2020
body
PURPOSE:
Attached for your information is the Treasurer's Report for the month ended March 31, 2020. Please note that this is a cash-basis report.
The Treasurer's report still looks very similar to any monthly report as the impact of COVID 19 will not be felt on City revenues and cash balances until the April Report at the earliest. The largest impact will be felt in June, July and August as these will be the receipt month for sales tax paid in March, April, and May.
Attachment
C: Alex Alexandrou, Chief Management Officer
Jennifer Stallings, City Clerk