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ITEM: |
CONSENT
CALENDAR |
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11. |
CONSIDER ADOPTION OF
TREASURER’S REPORT FOR MAY 2012 |
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Meeting
Date: |
July 16, 2012 |
Budgeted: |
N/A |
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From: |
David J.
Stoldt, |
Program/ |
N/A |
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General
Manager |
Line Item No.: |
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Prepared
By: |
Suresh
Prasad |
Cost
Estimate: |
N/A |
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General Counsel Review: N/A |
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Committee Recommendation: The Administrative Committee considered this item on July 9, 2012 and recommended approval. |
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CEQA Compliance: N/A |
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SUMMARY: Exhibit 11-A comprises the Treasurer’s Report for May 2012. Exhibit 11-B, Exhibit 11-C and Exhibit 11-D are listings of check disbursements for the period May 1-31, 2012. Check Nos. 10581 through 10745, the direct deposits of employee’s paychecks, payroll tax deposits, line of credit interest payment and bank charges resulted in total disbursements for the period in the amount of $606,888.44. There were no checks issued for conservation rebates during this period. Exhibit 11-E reflects the financial statements for the month ending May 31, 2012.
RECOMMENDATION: District staff recommends adoption of the May 2012 Treasurer’s Report and financial statements, and ratification of the disbursements made during the month. The Administrative Committee reviewed this item at its July 9, 2012 meeting and voted 2 to 0 to recommend approval.
11-A Treasurer’s Report
11-B Listing of Cash Disbursements-Regular
11-C Listing of Cash Disbursements-Payroll
11-D Listing of Other Bank Items
11-E Financial Statements
U:\staff\Boardpacket\2012\20120716\ConsentCal\11\item11.docx