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
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Recommended Action:
Recommendation
Receive and File.
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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