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File #: 25-085 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 5/6/2025 In control: Community Redevelopment Agency
On agenda: 5/29/2025 Final action:
Title: CRA FINANCIAL REPORT - APRIL 2025
Attachments: 1. Agenda Cover Report, 2. Exhibit A - April 2025 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 29, 2025

 

Title

CRA FINANCIAL REPORT - APRIL 2025

 

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Recommended Action:

Recommendation

Receive and File.

 

Body

Background:

Attached are the April 2025 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.                     Land Acquisition-Other (G/L #5610)- A payment was made totaling $771,626 representing the purchase acquisition of property at 1300 Lake Ida Road.

 

2.                     City Contractual Services-Clean & Safe (G/L #7335) - A payment was made totaling $1,172,977 representing the 2nd Quarter billing per the ILA agreement with the City.

 

 

Attachment(s): Exhibit A - April 2025 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