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FINANCE
AND ADMINISTRATION COMMITTEE |
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ITEM: |
ACTION ITEM |
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5. |
CONSIDER ADOPTION OF
TREASURER’S REPORT FOR FEBRUARY 2025 |
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Meeting
Date: |
April 14, 2025 |
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: |
Nishil
Bali |
Cost Estimate: |
N/A |
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General Counsel Review: N/A |
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Committee Recommendation: The Finance and Administration Committee reviewed this item on April 14, 2025 and recommended ____________. |
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CEQA Compliance: This action
does not constitute a project as defined by the California Environmental
Quality Act Guidelines Section 15378. |
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SUMMARY: Exhibit 5-A comprises the Treasurer’s Report for February 2025. Exhibit 5-B includes listings of check disbursements for the period February 1-28, 2025. 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 $3,291,108.18 (including voided checks). Exhibit 5-C reflects the unaudited version of the Statement of Revenues and Expenditures for the month ending February 28, 2025.
RECOMMENDATION: The Finance and Administration Committee should recommend that the Board adopt the February 2025 Treasurer’s Report and Statement of Revenues and Expenditures, and ratify the disbursements made during the month.
5-A Treasurer’s Report
5-B Listing of Cash Disbursements-Regular
5-C Statement of Revenues and Expenditures
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