- Home
- Government
- City Government
- Departments & Offices
- Budget & Evaluation
- Quarterly Financial Reports
Quarterly Financial Reports
City Manager Role
Under the Charter for the city of Newport News, the City Manager is required to provide financial information to the City Council. Specifically, the City Manager is required to:
- Prepare and submit to council quarterly statements of all revenues, expenditures and encumbrances of funds in sufficient detail to show the exact financial condition of the city; [city] council may by ordinance prescribe [direct at its discretion] more frequent financial reporting.
The City Manager fulfills this duty by providing the City Council Quarterly Financial Reports. These reports, as developed by the Department of Budget and Evaluation, show (at four distinct quarterly periods of time during each fiscal year) the performance of the city's estimated revenues and operating expenses, the comparison between the two, and a projected year-end balance of operations. Included in the Quarterly Financial Reports is a description of potential events and issues that may have a positive or negative impact on the finances of the city.
Schedule
The city operates on a July 1 to June 30 fiscal year. The Quarterly Financial Reports are provided by the City Manager to City Council, in a timely manner, after the quarters of:
- 1st Quarter: July 1 to September 30
- 2nd Quarter: October 1 to December 31
- 3rd Quarter: January 1 to March 31
- 4th Quarter: April 1 to June 30
Quarterly Financial Reports
FY 2023 Quarterly Financial Reports
FY 2022 Quarterly Financial Reports
FY 2021 Quarterly Financial Reports
FY 2020 Quarterly Financial Reports
If you have any questions on the information contained in these reports, please contact the Department of Budget and Evaluation for assistance.
Contact Us
-
Lisa J. Cipriano
2400 Washington Ave.
Director of Budget & Evaluation
9th Floor
Newport News, VA 23607Hours
Monday - Friday: 8 AM - 5 PM
Questions
- budget@nnva.gov
- Phone: 757-926-8733
- Fax: 757-926-6940