Share to Facebook Share to Twitter Bookmark and Share
File #: 18-0793 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 5/17/2021 In control: Community Redevelopment Agency
On agenda: 5/25/2021 Final action:
Title: CRA FINANCIAL REPORT - FEBRUARY 2021
Attachments: 1. Agenda Cover Report, 2. Exhibit A - FinStmt - Feb 2021 FY 20-21
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

TO:                                           CRA Board of Commissioners

FROM:                       Lori Hayward, Finance and Operations Director

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

DATE:                      May 25, 2021

 

Title

CRA FINANCIAL REPORT - FEBRUARY 2021

 

Body

 

Recommended Action:

Recommendation

Receive and File.

 

Body

Background:

Attached are the February 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 February:

 

1.                     Corey Isle Workforce Housing Development (G/L #6622) - A payment of $142,809 that was made in October 2020 was reclassed to FY 19-20 during the audit process.

 

2.                     Community Resource Enhancement-A-Guide Funding (G/L #7376) - A-GUIDE payments totaling $476,869 were made to the following:

                     Arts Garage - $68,750

                     Delray Beach Chamber of Commerce - $10,000

                     Delray Beach Community Land Trust- $57,404

                     Delray Beach Historical Society - $18,750

                     Delray Beach Public Library - $104,500

                     Expanding and Preserving our Cultural Heritage- $29,965

                     Old School Square - $187,500

 

 

Attachment(s): Exhibit A - February 2021 Financial Statements