Cathedral City’s End of the Year Budget Review Video
City Manager Charlie McClendon provides a brief review of the City’s 2016-17 Budget that just recently completed its audit. You will be pleased to know that Cathedral City’s revenues were above projections, expenditures were below, and the rainy-day fund (reserves) grew to more than 50% of the General Revenue Fund – a goal previously set by the City Council to be completed three years from now in 2020.
Video can be seen here:
