Broward County Commission Regular Meeting


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AI-25517 28.       
Meeting Date: 11/07/2017  
Director's Name: George Tablack
Department: Finance & Administrative Services Division: Accounting

Information
Requested Action
MOTION TO FILE Quarterly Financial Report for the Children’s Services Council of Broward County for the quarter ending September 30, 2017.

ACTION:  (T-10:45 AM)  Approved.
 
VOTE: 9-0.  Commissioners Geller and Holness voted in the affirmative telephonically. 
Why Action is Necessary
In accordance with Florida Statutes §125.901(3)(f) and Laws of Florida, Chapter 2000-461, Section 4(6), the Children’s Services Council of Broward County is required to file a Quarterly Financial Report with the Board.
What Action Accomplishes
Compliance with Florida Statutes §125.901(3)(f) and Laws of Florida, Chapter 2000-461, Section 4(6).
Is this Action Goal Related
Previous Action Taken
None.
Summary Explanation/Background
THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE ACCOUNTING DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.

The quarterly financial report for the quarter ended September 30, 2017 for the Children’s Services Council is attached as Exhibit 1. For the quarter ending September 30, 2017, the Children’s Services Council had total receipts of $2,074,159 and total expenditures of $23,407,240. Administrative costs for the quarter totaled $647,710. During the same period, $24,542,624 was invested or deposited. In addition to the statutory requirements, as requested by the Board on May 14, 2013 (Item No. 32), budget amendments and unaudited financial statements through August 31, 2017 (most recent available) are also attached as Exhibit 2.
Source of Additional Information

Cindy Arenberg Seltzer, President/CEO, Children’s Services Council of Broward County, (954) 377-1000
Susan Friend, Director, Accounting Division, (954) 357-7140


Fiscal Impact
Fiscal Impact/Cost Summary:
There is no fiscal impact.
Attachments
Exhibit 1 - Children's Services Memorandum September 30, 2017
Exhibit 2 - Amendments and Statements August 31, 2017


    

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