In an effort to keep City Council and San Antonio residents updated and informed on the City’s Budget, a Budget and Financial Status Report is presented quarterly to City Council that focuses on the financial and
operational performance and provides updated estimates on revenues and expenditures for the remainder of the fiscal year. This financial management practice is one of several the City has in place.
The City’s financial management practices and policies include General Fund budgeted financial reserves, comprehensive long-term financial planning, financial reporting and monitoring, a two-year balanced budget
approach guided by “structural balance”, the mid-year budget adjustment, and contingency planning.