File #: 24-010 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 5/8/2024 In control: Community Redevelopment Agency
On agenda: 5/30/2024 Final action:
Title: CRA FINANCIAL REPORT - APRIL 2024
Attachments: 1. Agenda Cover Report, 2. Exhibit A – April 2024 Financial Statements
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TO:                                           CRA Board of Commissioners

FROM:                       Gina Clayton, Finance and Operations Director

THROUGH:                      Renée A. Jadusingh, Esq., Executive Director 

DATE:                      May 30, 2024

 

Title

CRA FINANCIAL REPORT - APRIL 2024

 

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Recommended Action:

Recommendation

Receive and File.

 

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Background:

Attached are the April 2024 Financial Statements [1] Statement of Net Assets and [2] Statement of Activities with Budget vs. Actual (YTD).

 

Below are highlights of significant activities that occurred during the month of April:

 

1.                     Tax Increment Financing - TIF County (G/L #4010) - A payment was made in the amount of $113,075 payable to the Palm Beach County Board of Commissioners for the final adjustment of tax incremental funding for the fiscal year 2023-2024.

 

 

2.                     95 SW 5th Avenue Construction-Construction (G/L #6216B) - Payments were made in the amount of $120,995 payable to Ahrens Enterprises, Inc.

 

3.                     City Contractual Services - Clean & Safe (G/L 7335) - A payment was made in the amount of $897,278 payable to the City of Delray Beach

 

 

Attachment(s): Exhibit A - April 2024 Financial Statements

 

 

CRA Attorney Review:

N/A

 

Finance Review:

Reviewed and prepared by Gina Clayton, CRA Finance & Operation Director.

 

Funding Source/Financial Impact:

N/A