IA SR 20180403 C - Feb 2018 Treasurer Report IA
IMPROVEMENT AUTHORITYMEETING DATE:
04/03/2018
AGENDA REPORTAGENDA HEADING:
Consent Calendar
AGENDA DESCRIPTION:
Consideration and possible action regarding the February2018Cash Balances/Monthly
Treasurer’sReport
RECOMMENDED IMPROVEMENT AUTHORITYACTION:
(1)Receive and file the February2018Cash Balances/Monthly Treasurer’sReport.
FISCAL IMPACT:
None
Amount Budgeted:
N/A
Additional Appropriation:
N/A
Account Number(s):
N/A
ORIGINATED BY:
Jane Lin, Accountant
REVIEWED BY:
Deborah Cullen, Director of Finance
APPROVED BY:
Doug Willmore, Chief Administrative Officer
ATTACHED SUPPORTING DOCUMENTS:
A.Monthly Treasurer’sReport (page A-1)
BACKGROUND AND DISCUSSION:
The cash balances of the Improvement Authority decreased by $11,921.50during the
month, ending with an overall balance of $1,182,064at February 28, 2018.The
decrease was due to budgeted disbursements, mainlyto Southern California Edison
(SCE) for utilities and the Abalone Cove Landslide AbatementDistrict for the landscape
maintenance.
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