Title
Presentation of the Quarterly Financial Report for the FY 2017-2018 Fourth Quarter ending September 30, 2018.
Body
Summary: Review and discussion of the preliminary and unaudited quarterly financial report for the District's FY 2017-2018 fourth quarter ended September 30, 2018.
Total Revenue - $1,375,755
Total Expenditures - $1,120,916, including $529,417 of capital outlay
Total Assets - $4,916,856
Note: total revenue includes sales tax revenue collected through July 2018 as the August and September collections will not be paid to the City until October and November 2018, respectively. Those revenues will be accrued for fiscal year 2017-2018.
Fiscal/Budgetary Impact:
N/A.
Recommended action
Accept the quarterly financial report for the FY 2017-2018 fourth quarter ended September 30, 2018.