ITEM:		CONSENT CALENDAR
5.	CONSIDER ADOPTION OF TREASURER’S REPORT FOR FEBRUARY 2020
Meeting Date:			April 20, 2020	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 April 14, 2020 and recommended approval.
CEQA Compliance: This action does not constitute a project as defined by the California Environmental Quality Act Guidelines Section 15378.

SUMMARY: Exhibit 5-A comprises the Treasurer’s Report for February 2020. Exhibit 5-B and Exhibit 5-C are listings of check disbursements for the period February 1-29, 2020. Check Nos. 36667 through 36808, the direct deposits of employee’s paychecks, payroll tax deposits, and bank charges resulted in total disbursements for the period in the amount of $912,449.78. There were no conservation rebates for this period. Exhibit 5-D reflects the unaudited version of the financial statements for the month ending February 29, 2020.

Please take note that this version of the financial report is newly created to help better understand the District’s financial transactions in a more simplified format while significantly reducing the number of pages. The previous version of the report totaled 14 pages while this new version comprises the same information in just 2 pages.

RECOMMENDATION: District staff recommends adoption of the February 2020 Treasurer’s Report and financial statements, and ratification of the disbursements made during the month.

EXHIBITS

5-A Treasurer’s Report

5-B Listing of Cash Disbursements-Regular

5-C Listing of Cash Disbursements-Payroll

5-D Financial Statements

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