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City releases second quarter finances

64% of expenditure budget spent

DAVENPORT — The city finance committee reviewed the second quarter finances ahead of city council’s regular meeting Wednesday, July 12. 57% of the projected revenue came in, while the city spent 64% of its budget for second quarter expenditures.

However, the city spent only $305,581 of the budgeted $1,605,767 out of the current expense budget. In total, the city spent $2,748,625 of its budgeted $4,300,798 for the quarter.

Expenditures out of current expense included:

$22,730 to legislative and executive services

$30,610 to finance and facilities

$157,844 to law enforcement

$10,227 to fire

$3,2...

 

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