TO: CRA Board of Commissioners
FROM: Lori Hayward, Finance and Operations Director
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: April 27, 2021
Title
CRA FINANCIAL REPORT - JANUARY 2021
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Recommended Action:
Recommendation
Receive and File.
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Background:
Attached are the January 2021 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 January:
1. Tax Increment Financing - TIF- City of Delray Beach (G/L #4005) - Fiscal year 2020-2021 revenue in the amount of $15,450,879 was received from the City of Delray Beach.
2. Downtown-DB-Master Plan- Transportation Services (G/L #5230) - Payments totaling $119,558 were made as follows:
• First Transit- $66,065 (October - December 2020)
• Freebee- $33,463 (January 2021)
Attachment(s): Exhibit A - January 2021 Financial Statements
CRA Attorney Review:
N/A
Finance Review:
Reviewed and prepared by Lori Hayward, CRA Finance & Operation Director.
Funding Source/Financial Impact:
N/A