Title
Presentation of the Quarterly Financial Report for the FY 2024-2025 Second Quarter ended March 31, 2025.
Body
Summary:
Review and discussion of the preliminary and unaudited quarterly financial report for the District's FY 2024-2025 second quarter ended March 31, 2025. These preliminary results for the fiscal year are as follows:
Total Revenue - $624,037.82
Total Expenditures - $674,182.99, including $239,141.24 of capital outlay
Total Assets - $3,988,583.78
Total revenue includes sales tax revenue collected through January 2025 (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 second quarter ended March 31, 2025.