File #: 23-306 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 4/1/2024 In control: Community Redevelopment Agency
On agenda: 4/23/2024 Final action:
Title: CRA FINANCIAL REPORT - FEBRUARY 2024
Attachments: 1. Agenda Cover Report, 2. Exhibit A - February Financial Statements
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TO:                                           CRA Board of Commissioners

FROM:                       Gina Clayton, Finance and Operations Director

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

DATE:                      April 23, 2024

 

Title

CRA FINANCIAL REPORT - FEBRUARY 2024

 

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Recommended Action:

Recommendation

Receive and File.

 

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Background:

Attached are the February 2024 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.                     Land Acquisition - Other (G/L #5610) - A payment was made in the amount of $2,806,683.74 for the purchase of property located at 102 N.W. 5th Avenue.

 

2.                     International Tennis Tournament (G/L #7470) - A payment was made in the amount of $905,000 payable to the City of Delray Beach.

 

 

Attachment(s): Exhibit A - February 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