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 - $622,718.40
Total Expenditures - $569,539.09, including $39,384.12 of capital outlay
Total Assets - $3,168,856.81
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.