A city manager was overheard saying, "Since we don’t release them to the public, I don’t see any value in taking the time to prepare interim reports." Explain why you agree or disagree with this statement.
I disagree with this statement. Administrators need reports at regular intervals so as to make day-to-day operating and management decisions. Members who belong to the government council should expect at least monthly financial statistics and information so as to offer good oversight of the managers. Interim data and reports are particularly helpful in evaluating whether budgets and several cash needs are being met.
