Title
Presentation of the Quarterly Financial Report for the FY 2021-2022 First Quarter ending December 31, 2021.
Body
Summary: Review and discussion of the preliminary and unaudited quarterly financial report for the District's FY 2021-2022 first quarter ended December 31, 2021. These preliminary results for the fiscal year are as follows:
Total Revenue - $143,538
Total Expenditures - $309,570, including $39,384 of capital outlay
Total Assets - $2,466,525
Note: total revenue includes sales tax revenue collected through October 2021 (sales taxes are deposited two months after collection).
Fiscal/Budgetary Impact:
N/A.
Recommended action
Accept the quarterly financial report for the FY 2021-2022 first quarter ended December 31, 2021.