Yavapai News

The city of Sedona has released its December 2023 Monthly Investment & Cash Flows Report, providing a comprehensive overview of the city's financial activities during that period.

The report, which can be reviewed or downloaded, is divided into four sections: an executive summary, a summary of investment holdings, a summary of investment transactions, and a summary of cash flow transactions.

According to the report, the city's financial department maintains a robust investment portfolio, which is highlighted in the summary of investment holdings. The report states, "Our investment holdings continue to perform well, providing a stable source of income for the city."

The summary of investment transactions reveals the city's recent investment activities. It includes details of any purchases or sales of financial assets made by the city during the month of December.

Additionally, the report provides a comprehensive summary of cash flow transactions, shedding light on the city's revenue and expenditure during the reporting period. This section offers insights into the city's financial health and its ability to manage its resources effectively.

For any inquiries or further information, the Financial Services Department can be contacted at (928) 204-7185, or by emailing the department director, Cherie White, at cwhite@sedonaaz.gov.

The release of the December 2023 Monthly Investment & Cash Flows Report demonstrates the city of Sedona's commitment to transparency and accountability in its financial operations. By providing this detailed report, the city aims to keep its residents and stakeholders informed about its financial activities.

As Cherie White, the director of the Financial Services Department, emphasized, "We believe in keeping our community well-informed about our financial activities. This report serves as a valuable resource for residents and stakeholders to understand how the city manages its investments and cash flows."

The report serves as a tool for residents, businesses, and other interested parties to assess the city's financial performance and make informed decisions. It allows them to gauge the city's financial stability and its ability to meet its financial obligations.

The city of Sedona remains committed to maintaining a strong financial foundation and ensuring transparency in its financial operations. The release of the December 2023 Monthly Investment & Cash Flows Report is just one example of the city's ongoing efforts to provide accurate and up-to-date financial information to its constituents.