ITEM:

CONSENT CALENDAR

 

8.

CONSIDER ADOPTION OF TREASURER’S REPORT FOR MARCH 2012

 

Meeting Date:

May 21, 2012

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 reviewed this item on May 14, 2012 and recommended approval.

CEQA Compliance:  N/A

 

SUMMARY: Exhibit 8-A comprises the Treasurer’s Report for March 2012.  Exhibit 8-B, Exhibit 8-C and Exhibit 8-D are listings of check disbursements for the period March 1-31, 2012.  Check Nos. 10266 through 10418, 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 $383,078.69.  There were no checks issued for conservation rebates during this period.  Exhibit 8-E reflects the financial statements for the month ending March 31, 2012.

 

RECOMMENDATION: District staff recommends adoption of the March 2012 Treasurer’s Report and financial statements, and ratification of the disbursements made during the month.  The Administrative Committee reviewed this item at its May 14, 2012 meeting and voted 3 to 0 to recommend approval.

 

EXHIBITS

8-A      Treasurer’s Report

8-B      Listing of Cash Disbursements-Regular

8-C      Listing of Cash Disbursements-Payroll

8-D      Listing of Other Bank Items

8-E      Financial Statements

 

 

 

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