Update from Warren’s auditor
This is a 2017 mid-year Warren finance department update.
The City of Warren started 2017 in a stronger operating position than anticipated one year ago. While the first quarter saw a lackluster beginning to the year, strong revenue in the second quarter has kept the city’s finances on track. The first six months saw revenue of $12.9 million, or an average of $2.15 million per month.
Conservative expenses, $12.1 million for the same time frame, leaves the city in a positive operating position entering the third quarter.
As Warren’s auditor, it is my number one priority to present to the administration and council a balanced budget that fulfills the promises made. Now my focus is to ensure the city lives within that budget and continues to find areas of savings for Warren’s tax payers. Internally, the finance department employees continue to be cross-trained in the areas of payroll and accounts payable / receivable. The department also is looking at programs to further reduce the city’s workers’ compensation and utility costs and options to save on 2013 bond expenses through potential refunding.
It continues to be an honor to serve as Warren’s auditor and I look forward to hearing from anyone who would like to discuss Warren’s finances as we move into the second half of 2017.
Vincent S. Flask
City of Warren