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File #: 18-1157 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 - JULY 2022
Attachments: 1. Agenda Cover Report, 2. Exhibit A - July 2022 Financial Statement
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 - JULY 2022

 

Body

Recommended Action:

Recommendation

Receive and File.

 

Body

Background:

Attached are the July 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 July:

 

1.                     Areawide & Neighborhood Plans- Dr. Rev Thomas Park Playground (G/L #5366)-

                     Payments totaling of $121,124.53 were made payable to Rep Services, Inc for the playground equipment.

2.                     Areawide & Neighborhood Plans- N.W. Neighborhood Design (CIP) (G/L #5622)-

                     Payment of $1,600,000.00 was made payable to the City of Delray Beach for the N.W. Neighborhood Improvements.

 

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

                     Payments totaling $507,600.00 were made payable to Delray Beach Community Land Trust, Inc. for the project at 246 N.W. 8th Avenue.

 

4.                     Community Improvement & Economic Development - Clean & Safe (G/L #7332) -

                     Payments totaling $753,252.22 were made payable to the City of Delray Beach for funding the Clean & Safe Program for the 3rd Quarter of the fiscal year.

 

5.                     Community Improvement & Economic Development - Community Enhancement | A-Guide Funding (G/L #7376A)-

                     Prior fiscal year restricted funds removed from accounts payable totaling $562,000 (OSS).

 

Attachment(s): Exhibit B - July 2022 Financial Statements

 

 

 

 

 

 

 

CRA Attorney Review:

N/A

 

Finance Review:

Reviewed and prepared by Lori Hayward, CRA Finance & Operation Director.

 

Funding Source/Financial ImpactN/A