Title
Presentation of the Quarterly Financial Report for the FY 2024-2025 First Quarter ended December 31, 2024.
Body
Summary:
Review and discussion of the preliminary and unaudited quarterly financial report for the District's FY 2024-2025 first quarter ended December 31, 2024. These preliminary results for the fiscal year are as follows:
Total Revenue - $212,021.49
Total Expenditures - $444,190.08, including $75,011.99 of capital outlay
Total Assets - $4,083,885.64
Total revenue includes sales tax revenue collected through October 2024 (sales taxes are deposited two months after collection).
Fiscal/Budgetary Impact:
N/A.
Recommended action
Accept the quarterly financial report for the FY 2024-2025 first quarter ended December 31, 2024.