TO: CRA Board of Commissioners
FROM: Gina Clayton, Finance and Operations Director
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: August 22, 2023
Title
CRA FINANCIAL REPORT - JUNE 2023
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Recommended Action:
Recommendation
Receive and File.
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Background:
Attached are the June 2023 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 June:
1. Land Acquistion-Other (G/L #5610) - A payment was made in the amount of $382,008 for the purchase property -106 NW 10th Avenue.
2. 98 NW 8th Avenue Renovation-Construction (G/L #6208B) - Payments totaling $261,514 were made relating to the construction of 98 NW 8th Avenue.
Attachment(s): Exhibit A - June 2023 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