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AGENDA ITEM <br />Date: July 14, 2025 <br />Title: Second Quarter Financial Update <br />Presenter: Maggie Jin, Finance Director <br />Section: Finance Report <br />Item: 19 <br />Purpose: <br />The purpose of this item is to provide the Council with year-to-date budget information. This is <br />for informational purposes only and no action is required. <br />2. Background: <br />Information in this report should be considered preliminary and are as of the end of June 2025, <br />which represents 50% of the year. <br />3. Staff Recommendation: <br />This is for informational purpose only and no action is required. <br />COUNCIL ACTION REQUESTED <br />No action is required. <br />Exhibits <br />A. Second Quarter Financial Update <br />153 <br />