FINANCE AND ADMINISTRATION COMMITTEE

 

ITEM:

ACTION ITEM

 

2.

CONSIDER ADOPTION OF TREASURER’S REPORT FOR AUGUST 2023

 

Meeting Date:

October 5, 2023

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 Finance and Administration Committee considered this item on October 5, 2023 and recommended _____________.

CEQA Compliance:  This action does not constitute a project as defined by the California Environmental Quality Act Guidelines Section 15378.

 

SUMMARY: Exhibit 2-A comprises the Treasurer’s Report for August 2023.  Exhibit 2-B and Exhibit 2-C are listings of check disbursements for the period August 1-31, 2023.  Checks, virtual checks (AP Automation), direct deposits of employee’s paychecks, payroll tax deposits, and bank charges resulted in total disbursements for the period in the amount of $3,056,057.58.  There were $87,550.73 in conservation rebates paid out during the current period.  Exhibit 2-D reflects the unaudited version of the financial statements for the month ending August 31, 2023. 

 

RECOMMENDATION:  The Finance and Administration Committee should recommend that the Board adopt the August 2023 Treasurer’s Report and financial statements, and ratification of the disbursements made during the month. 

 

EXHIBITS

2-A      Treasurer’s Report

2-B      Listing of Cash Disbursements-Regular

2-C      Listing of Cash Disbursements-Payroll

2-D      Financial Statements

 

 

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