|
FINANCE
AND ADMINISTRATION COMMITTEE |
|||||
|
|
|
||||
|
ITEM: |
ACTION ITEM |
||||
|
|
|||||
|
3. |
CONSIDER ADOPTION OF
TREASURER’S REPORT FOR DECEMBER 2024 |
||||
|
|
|||||
|
Meeting
Date: |
February 18, 2025 |
Budgeted: |
N/A |
||
|
|
|||||
|
From: |
David J.
Stoldt, |
Program/ |
N/A |
||
|
|
General
Manager |
Line Item
No.: |
|||
|
|
|||||
|
Prepared
By: |
Nishil
Bali |
Cost Estimate: |
N/A |
||
|
|
|||||
General Counsel Review: N/A |
|||||
Committee Recommendation: The Finance and Administration Committee reviewed this item on February 18, 2025 and recommended ________. |
|||||
|
CEQA Compliance: This action does
not constitute a project as defined by the California Environmental Quality
Act Guidelines Section 15378. |
|||||
SUMMARY: Exhibit 3-A comprises the Treasurer’s Report for December 2024. Exhibit 3-B includes listings of check disbursements for the period December 1-31, 2024. Checks, virtual checks (AP Automation), direct deposits of employee paychecks, payroll tax deposits, and bank charges resulted in total disbursements for the period in the amount of $3,248,586.34 (including voided checks). This included conservation rebate payments of $21,069 to District residents. Exhibit 3-C reflects the unaudited version of the Statement of Revenues and Expenditures for the month ending December 31, 2024.
RECOMMENDATION: The Finance and Administration Committee recommends that the Board adopt the December 2024 Treasurer’s Report and Statement of Revenues and Expenditures, and ratify the disbursements made during the month.
3-A Treasurer’s Report
3-B Listing of Cash Disbursements-Regular
3-C Statement of Revenues and Expenditures
U:\staff\Board_Committees\FAC prev Admin\2025\021825\Action Items\03\Item-3.docx