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ADMINISTRATIVE
COMMITTEE |
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7. |
CONSIDER ADOPTION OF
TREASURER’S REPORT FOR MAY 2013 |
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Meeting
Date: |
August 12, 2013 |
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 reviewed this item on August 12, 2013 and recommended _____________. |
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CEQA Compliance: N/A |
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SUMMARY: Exhibit 7-A comprises the Treasurer’s Report for May 2013. Exhibit 7-B, Exhibit 7-C and Exhibit 7-D are listings of check disbursements for the period May 1-31, 2013. Check Nos. 13111 through 13541, 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 $3,538,878.41. That amount included $99,963.68 for conservation rebates. Additionally, $3,014,770.25 was transferred to the District’s Money Market account. Exhibit 7-E reflects the financial statements for the month ending May 31, 2013.
RECOMMENDATION: District staff recommends adoption of the May 2013 Treasurer’s Report and financial statements, and ratification of the disbursements made during the month. The Administrative Committee reviewed this item at its August 12, 2013 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\2013\20130812\07\item7.docx