|
ITEM: |
CONSENT
CALENDAR |
||||
|
|
|||||
|
12. |
CONSIDER ADOPTION OF
TREASURER’S REPORT FOR MAY 2016 |
||||
|
|
|||||
|
Meeting
Date: |
July 18, 2016 |
Budgeted: |
N/A |
||
|
|
|||||
|
From: |
David J.
Stoldt, |
Program/ |
N/A |
||
|
|
General
Manager |
Line Item No.: |
|
||
|
|
|||||
|
Prepared
By: |
Suresh
Prasad |
Cost Estimate: |
N/A |
||
|
|
|||||
General Counsel Review: N/A |
|||||
Committee Recommendation: The Administrative Committee considered this item on July 11, 2016 and recommended approval. |
|||||
|
CEQA Compliance: N/A |
|||||
SUMMARY: Exhibit 12-A comprises the Treasurer’s Report for May 2016. Exhibit 12-B, Exhibit 12-C and Exhibit 12-D are listings of check disbursements for the period May 1-31, 2016. Check Nos. 25715 through 26072, the direct deposits of employee’s paychecks, payroll tax deposits, and bank charges resulted in total disbursements for the period in the amount of $487,271.16. That amount included $60,464.81 for conservation rebates. Exhibit 12-E reflects the unaudited version of the financial statements for the month ending May 31, 2016.
RECOMMENDATION: District staff recommends adoption of the May 2016 Treasurer’s Report and financial statements, and ratification of the disbursements made during the month. The Administrative Committee reviewed this item at its July 11, 2016 meeting and voted 3 to 0 to recommend approval.
12-A Treasurer’s Report
12-B Listing of Cash Disbursements-Regular
12-C Listing of Cash Disbursements-Payroll
12-D Listing of Other Bank Items
12-E Financial Statements
U:\staff\Boardpacket\2016\20160718\ConsentClndr\12\Item-12.docx