Valley News -

By Tony Ault
Staff Writer 

Hemet's 3rd quarter revenue and expenditures reported 'on track'


Last updated 5/18/2018 at 11:06am

The third quarter financial report and city investment policies were the focus of the Hemet City Council at their regular meeting Tuesday, May 8.

Hemet City Finance Director Lorena Rocha told the council at the end of third quarter, March 30, anticipated revenues are slightly down, but the city’s general fund is on target.

Several members in the audience questioned the city’s investment policy with its return on investments lower than they could be; Mayor Michael Perciful responded.

“We are looking into that,” he said.

Rocha explained the revenues that have come in including tran...

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