Title
Consideration of and action on the presentation of the Quarterly Financial Report for the FY 2024-2025 Third Quarter ended June 30, 2025.
Body
Summary:
Review and discussion of the preliminary and unaudited quarterly financial report for the District's FY 2024-2025 third quarter ended June 30, 2025. These preliminary results for the fiscal year are as follows:
Total Revenue - $1,491,128.77
Total Expenditures - $1,462,519.33, including $118,152.36 of capital outlay
Total Assets - $3,294,773.07
Total revenue includes sales tax revenue collected through April 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 third quarter ended June 30, 2025.