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Cluster · asset_value · FY 2024
Decrease in total city cash and investments compared to 2023.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2024-08-20 — 2024-08-20
All clusters with the same fund, department, revenue source, matter, and purpose fingerprint as this one — different fiscal years.
| FY | Amount | Δ from prior | Mentions |
|---|---|---|---|
| 2023 | $-426,000 | — | 1 |
| 2023 | $-764,000 | +79.34% | 1 |
| 2024 | $-607,000 | -20.55% | 1 |
Decrease in total city cash and investments compared to 2023.
Total cash and investments are down about ($607,000) compared to 2023. The city continues to spend some of its' reserves as planned.
Reasoning: Explicitly described as asset value decrease.