For the second consecutive year, the Hayward administration has failed to present the quarterly financial reports for the first quarter on a timely basis.
The first quarter covers city operations from Oct. 1-Dec. 31.
Up until last year, the City’s Finance Department presented the reports to Pensacola City Council at its first meeting in February – five to six weeks after the close of the books for the first quarter.
The quarterly reports are also when CFO Dick Barker reports on the mayor’s legal expenditures.
According to the city’s budget documents, a primary function of the Finance Department is “to provide accurate, relevant and timely financial information to the Mayor, City Council, City departments, City divisions, citizens and federal and state agencies.”
Release dates for first quarter reports
FY 2011 – Feb. 7, 2011
FY 2012 – Feb. 6, 2012
FY 2013 – Feb. 11, 2013
FY 2014 – Feb. 13, 2014
FY 2015 – Feb. 12, 2015
FY 2016 – Feb. 11, 2016
FY 2017 – Mar. 9, 2017
FY 2018 – ??????
Total Outside Legal Costs
First Quarter
FY 2015 $276,802.84
FY 2016 $171,949.25
FY 2017 $335,719.50
FY 2018 ??????
Meanwhile the budget for the Finance Department has increased 26 percent since FY 2014 – $472,667 jump.
FY 2014 $1,811,733 actual
FY 2015 $1,961,929 actual
FY 2016 $2,154,928 actual
FY 2017 $2,224,764 actual
FY 2018 $2,284,600 budget
