Title
Presentation of the Quarterly Financial Report for the FY 2020-2021 First Quarter ended December 31, 2020.
Body
Summary: Review and discussion of the preliminary and unaudited quarterly financial report for the District's FY 2020-2021 first quarter ended December 31, 2020. These preliminary results for the fiscal year are as follows:
Total Revenue - $135,312
Total Expenditures - $331,588, including $39,384 of capital outlay
Total Assets - $2,393,114
Total revenue includes sales tax revenue collected through October 2020 (sales taxes are deposited two months after collection).
Fiscal/Budgetary Impact:
N/A.
Recommended action
Accept the quarterly financial report for the FY 2020-2021 first quarter ended December 31, 2020.