Title
Presentation of the Quarterly Financial Report for the FY 2020-2021 Second Quarter ended March 31, 2021.
Body
Summary: Review and discussion of the preliminary and unaudited quarterly financial report for the District's FY 2020-2021 second quarter ended March 31, 2021. These preliminary results for the fiscal year are as follows:
Total Revenue - $525,969
Total Expenditures - $671,149, including $78,768 of capital outlay
Total Assets - $2,379,821
Total revenue includes sales tax revenue collected through January 2021 (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 second quarter ended March 31, 2021.