MONTHLY TREASURER'S REPORTS
Each month the Finance Director reports to the City Council
the revenue and expenditures for the budget biennium. The Report
provides budget vs. actual detail and summarizes both operating
and capital related activities.
The City's biennial budget serves a number of functions. At
the most basic level it is a legal document giving the City
Council the authority to incur obligations and pay expenses.
It allocates resources among departments, reflecting the legislative
body's priorities and policies. It controls how much each
department may spend. The budget is also an evaluation tool,
comparing commitments made in the previous year's budget with
Mid-way through the budget cycle the budget may be amended
to reflect changes in funding and priorities.
2015/2016 Biennial Budget
City residents are encouraged to express their budget priorities:
The City of Woodinville reports financial activity using the
revenue and expenditure classifications, statements, and schedules
contained in the Cash Basis Budgeting, Accounting and Reporting
System (BARS) manual. This basis of accounting and reporting
is another comprehensive basis of accounting (OCBOA) that is
prescribed by the State Auditor's Office under the authority
of Washington State law, Chapter 43.09 RCW.
For more information, contact Blaine Fritts, Finance
Director at 425.489.2700.
Page last modified:
July 16, 2015