FY' 19 City of Jonesboro Impact Report (Office of the City

Page 7

FISCAL OPERATIONS

The City of Jonesboro continues to show great fiscal responsibility. Jonesboro has dramatically increased revenues, exemplified by more than a 10% increase since 2017. The City also has accumulated over $900,000 in the Georgia Fund One Account (Reserves). Coupled with over $5M in unrestricted Fund Balance, funds available for spending at the City's discretion, the City has over a year of operating expensing should the economy tank. The City also exemplified strong fiscal responsibility, while exceeding its public goals and performance areas. Jonesboro also introduced its first capital improvement plan (CIP) in an effort to ensure necesary capital improvements.

PAGE 07

CITY OF JONESBORO • WWW . JONESBOROGA.COM • 2 0 1 9 I M P A C T R E P O R T


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
FY' 19 City of Jonesboro Impact Report (Office of the City by City of Jonesboro - Issuu