Yelm City Hall

Yelm City Hall

The City of Yelm’s 2019 revenues and expenditures are on track with the 2019 budget through September, according to a staff report by Interim Finance Director Heidi MacDonald highlighted in a recent press release from the city.

Finance updates will be made available on a regular basis after the city council unanimously passed a resolution to develop a budget calendar, according to the press release.

“The Yelm Finance Committee developed a proposed budget calendar to continue providing predictability and planning for future budgets, with an additional emphasis on establishing city council retreats to establish priorities and surveys to solicit feedback from the community to inform council decision making on the budget process,” the city wrote.

MacDonald’s report showed the city has received $17.4 million in revenue while expenditures total $16.2 million.

The city has received 80 percent of the expected revenues and spent 65 percent of the total budgeted expenses for 2019, according to the press release. In the same report, MacDonald announced the audit for 2018 was completed on Oct. 11 and an exit interview is scheduled for Nov. 1. More details regarding the audit will follow the exit interview, the city reported.

The Finance Department is currently working to compare the 2019 year-to-date revenue and expenditures to the biennial budget and prepare budget amendments needed. The amendments will come before the city council by the end of the year.

“As we continue to increase government transparency and provide predictability and planning for future budgets, the Finance Department will prepare a budget calendar that will prepare updates using year-to-date actual revenue and expenditures in March, July and November of every year,” according to the press release.

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