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ADMINISTRATIVE
COMMITTEE |
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7. |
CONSIDER ADOPTION OF
TREASURER’S REPORT FOR JUNE 2012 |
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Meeting
Date: |
August 13, 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 August 13, 2012 and recommended _____________. |
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CEQA Compliance: N/A |
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SUMMARY: Exhibit 7-A comprises the Treasurer’s Report for June 2012. Exhibit 7-B, Exhibit 7-C and Exhibit 7-D are listings of check disbursements for the period June 1-30, 2012. Check Nos. 10746 through 10900, 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 $487,124.93. There were no checks issued for conservation rebates during this period. Exhibit 7-E reflects the draft financial statements for the month ending June 30, 2012. Since this is the last month of the fiscal year 2011-12, the financial statements are subject to revision pending the District’s audit.
RECOMMENDATION: District staff recommends adoption of the June 2012 Treasurer’s Report and financial statements, and ratification of the disbursements made during the month. The Administrative Committee reviewed this item at its August 13, 2012 meeting and voted __ to __ to recommend ______________.
7-A Treasurer’s Report
7-B Listing of Cash Disbursements-Regular
7-C Listing of Cash Disbursements-Payroll
7-D Listing of Other Bank Items
7-E Financial Statements
U:\staff\Board_Committees\Admin\2012\20120813\07\item7.docx