TO: CRA Board of Commissioners
FROM: Gina Clayton, Finance and Operations Director
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: January 23, 2024
Title
CRA FINANCIAL REPORT -OCTOBER 2023
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Recommended Action:
Recommendation
Receive and File.
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Background:
Attached are the October 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 October:
1. Debt Service: City National Line of Credit (G/L #8608) -Payments of $628,026 were made to City National Bank for the final payments on our Lines of Credit.
Attachment(s): Exhibit A - October 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