The Sheridan City Council received a financial update from Treasurer Jennifer Reed at their meeting Monday night. Reed informed the Council that the sales and use tax payment has been received for July, 2010.
With the way the financial numbers fluctuate from month to month, Reed says that they are keeping things in perspective.
Expenses by fund and department were not part of the report that Reed submitted to the Council, as invoices continue to be submitted for payment related to 2010. It was also noted that salary and wage expense reports are continuously being reviewed in department head meetings to ensure departments are staying on track for budgeted personnel costs.