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File #: 18-1156 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 8/25/2022 In control: Community Redevelopment Agency
On agenda: 9/1/2022 Final action:
Title: CRA FINANCIAL REPORT - JUNE 2022
Attachments: 1. Agenda Cover Report, 2. Exhibit A - June 2022 Financial Statements
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                           CRA Board of Commissioners

FROM:                       Lori Hayward, Finance and Operations Director

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

DATE:                      September 1, 2022 

 

Title

CRA FINANCIAL REPORT - JUNE 2022

 

Body

Recommended Action:

Recommendation

Receive and File.

 

Body

Background:

Attached are the June 2022 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.                     Areawide & Neighborhood Plans- Transportation Services (G/L #5230)-

                     A payment of $66,927 was made to Freebee.

 

2.                     Redevelopment Projects- 98 N.W. 5th Avenue Renovation Construction (G/L #6208B)-

                     A payment of $30,262 was made payable to Waypoint Contracting, Inc.

 

3.                     Redevelopment Projects - Support for Affordable Housing Initiatives (G/L #6512) -

                     A payment of $1,000,000 was made payable to the Delray Beach Housing Authority for funding the Island Cove Apartments project.

4.                     Capital Outlay- (G/L #8405)-

                     A payment of $125,025 was made payable to Waypoint Contracting, Inc. for the renovation of the Wellbrock House 22 N. Swinton Avenue.

 

 

Attachment(s): Exhibit A - June 2022 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