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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 AUGUST 2025 |
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Meeting
Date: |
October 13, 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 October 13, 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 August 2025. Exhibit 5-B includes listings of check disbursements for the period August 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 $744,189.45. Rebate payments of $33,647.73 were paid in August. Exhibit 5-C reflects the unaudited version of the Statement of Revenues and Expenditures for the month ending August 31, 2025.
RECOMMENDATION: Staff recommends that the Finance and Administration Committee recommend that the Board adopt the August 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
5-C Statement of Revenues and Expenditures
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