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FINANCE
AND ADMINISTRATION COMMITTEE |
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ITEM: |
ACTION ITEM |
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2. |
CONSIDER ADOPTION OF
TREASURER’S REPORT FOR JULY 2025 |
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Meeting
Date: |
September
8, 2025
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Budgeted:
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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 September 8, 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 2-A comprises the Treasurer’s Report for July 2025. Exhibit 2-B includes listings of check disbursements for the period July 1-31, 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 $3,178,128.23. Rebate payments of $2,500 were paid in July. Exhibit 2-C reflects the unaudited version of the Statement of Revenues and Expenditures for the month ending July 31, 2025.
RECOMMENDATION: The Finance and Administration committee should recommend that the board adopt the July 2025 Treasurer’s Report and Statement of Revenues and Expenditures, and ratify the disbursements made during the month.
2-A Treasurer’s Report
2-B Listing of Cash Disbursements
2-C Statement of Revenues and Expenditures
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