TO: CRA Board of Commissioners
FROM: Gina Clayton, Finance and Operations Director
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: July 25, 2023
Title
CRA FINANCIAL REPORT - MAY 2023
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Recommended Action:
Recommendation
Receive and File.
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Background:
Attached are the May 2023 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 May:
1. Support for Affordable Housing Initiative (G/L #6512) - A payment was made in the amount of $282,709 payable to the Delray Beach Community Land Trust.
2. Clean & Safe Program (G/L #7335) - Payments totaling $1,618,137 were made payable to the City of Delray Beach.
Attachment(s): Exhibit A - May 2023 Financial Statements
CRA Attorney Review:
N/A
Finance Review:
Reviewed and prepared by Gina Clayton, CRA Finance & Operation Director.
Funding Source/Financial Impact:
N/A