City of Great Falls Prepares for Semi-Annual Budget Review at the January 16th City Commission Work Session

The City of Great Falls is preparing for its semi-annual budget review, scheduled for the City Commission Work Session on Tuesday, January 16, 2024. This session will summarize the city's financial performance, with an emphasis on the General Fund, and offer a glimpse into the projected outlook for the remainder of the fiscal year. All documents and presentations from the annual budget process are located at https://greatfallsmt.net/finance/fy-2023-24-budget.

"Open communication and transparent budgeting are paramount to our commitment as city leaders," says Melissa Kinzler, Finance Director. "This semi-annual review provides an important opportunity for Finance staff to update the City Commission, residents, and stakeholders  on the Fiscal Year 2023 results and what has occurred in the first half of fiscal year 2024."

During the work session, City staff will present an overview of the city's budget, including:

• Revenue and expenditure trends: Summary of income sources and financial commitments made so far in the fiscal year.
• Major budget variances: Highlight any significant deviations from projections and explain the underlying reasons.
• Fund review:  Discuss funds needing attention.

Meeting Details:

• Date: Tuesday, January 16, 2024
• Time: Work Session begins at 5:30 PM, followed by the City Commission Meeting at 7:00 PM
• Location: Gibson Room, 2 Park Drive South, Great Falls, MT
• Livestream: The meeting will be live-streamed through the City of Great Falls website: https://greatfallsmt.net/livestream