In regard to the 2018 year-end financials, she referenced a chart for Non-Enterprise Funds (General City Services), excluding transfers, showing budgeted versus actual for receipts (budgeted: $12,357,823 versus actual: $12,362,464) which is 100.4% of budget; and disbursements (budgeted: $13,625,419 versus actual: $13,051,916) which is 96% of budget. The net income tax receipts were 99.54% of budget and property tax receipts were 99.50% of budget. In regards to disbursements, personnel expenses were $164,820 less than budget. Mrs. Stafford shared that she is happy with the year-end finances for General City Services. This is the closest the City has ever budgeted to actual.

She then referenced a chart for the Refuse Fund, excluding transfers, showing budgeted versus actual for receipts (budgeted: $1,229,600 versus actual: $1,237,575), which is 100,65% for the year; disbursements (budgeted: $1,274,744 versus actual: $1,229,852) which is 96.48% of budget.

She then referenced a chart for Enterprise Funds, excluding transfers, showing budgeted versus actual for receipts (budgeted: $3,265,800 versus actual: $3,341,684), which is 102.32% for the year; disbursements (budgeted: $3,543,997 versus actual: $3,106,210) which is 87.65% of budget. The Enterprise Funds include Water, Sanitary Sewer and Stormwater. In regard to receipts, there was $75,884 more than budget as a result of the sewer rate increase in 2018. In regards to disbursements, capital expenditures were $437,787 less than budget. Mrs. Stafford explained that a street sweeper was in the budget for replacement, but the public works mechanics found a way to rebuild the old sweeper and all of the work was done in-house. Mrs. Stafford gave kudos to the Public Works mechanics.

The 2018 financial audit was performed by Plattenburg & Associates. The auditors have completed their field work in the city's administrative offices. There were no items noted by the auditors so the city anticipates an unqualified "clean" opinion, which is the best opinion. There has been no timeline given for completion of the audit, but it is expected within the next eight weeks.

In regard to 2019 financials through April 30, Mrs. Stafford referenced a chart for General City Services, excluding transfers, showing budgeted versus actual for receipts (budgeted: $13,009,892 versus actual: $5,761,632) which is 44% of budget, primarily because April is when a large portion of income taxes are received; and disbursements (budgeted: $13,310,038 versus actual: $3,641,117) which is 27% of budget. The upcoming street and sidewalk work is the largest capital expense.

She then referenced a chart for the Refuse Fund, excluding transfers, showing budgeted versus actual for receipts (budgeted: $1,375,400 versus actual: $447,882), which is 33% of budget; disbursements (budgeted: $1,539,504 versus actual: $445,419) which is 29% of budget.

She then referenced a chart for Enterprise Funds, excluding transfers, showing budgeted versus actual for receipts (budgeted: $3,300,600 versus actual: $1,061,269) which is 32% of budget; disbursements (budgeted: $3,753,032 versus actual: $817,649) which is 22% of budget. The Enterprise Funds include Water, Sanitary Sewer and Stormwater. Montgomery County is a quarter behind in sewer billing.

Mrs. Stafford shared that a new electronic billing and payment service was released in March with a soft opening. While displaying the new online bill pay website and walking through the payment process, Mrs. Stafford provided details about the new services being offered, such as: the ability to make one-time payments for city services or income tax; recurring payments for utility bills with a credit/debit card or electronic check; for utility bills, the new service provides the ability to view and make utility payments on-line, through an automated payment phone line; and a pay by text option to receive text message notifications and conveniently pay utility bills with a text message; and includes an "at a glance" dashboard, scheduling one-time or automatic utility payments, securely storing payment information, and receiving email and text reminders. Paperless billing will continue to be available as well as the direct pay option through the City. Mrs. Stafford reminded residents that the appropriate forms (available on the City's website) still need to be submitted to use these new payment options.

Mr. Stephens asked if an online event registration for the Oakwood Community Center is possible.

Mrs. Stafford explained that support for the current program the Oakwood Community Center uses will expire in two years. They will have something new in place within the next two years, and online registration will likely happen at that time.

Mayor Duncan thanked Mrs. Stafford for a wonderful report, as usual.