Broward County Commission Regular Meeting


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AI-29206 30.       
Meeting Date: 06/04/2019  
Director's Name: George Tablack
Department: Finance & Administrative Services Division: Accounting

Information
Requested Action
MOTION TO FILE semiannual financial summary for the Park, Open Space and Recreational Trust Fund for the six months ended March 31, 2019.

ACTION:  (T-11:16 AM)  Approved.

VOTE:  8-0.  Commissioner Sharief was not present.
Why Action is Necessary
In accordance with the Broward County Administrative Code, Chapter 22, Part IV, Section 22.24, a semiannual financial summary shall be prepared and filed by the Accounting Division with the Board of County Commissioners for the Park, Open Space and Recreational Trust Fund.
What Action Accomplishes
Compliance with the Broward County Administrative Code, Chapter 22, Part IV, Section 22.24.
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.

In accordance with the Broward County Administrative Code, Chapter 22, Part IV, Section 22.24, a semiannual financial summary shall be prepared and filled with the Board of County Commissioners for the Park, Open Space and Recreational Trust Fund.

The Park, Open Space and Recreational Trust Fund Summary of Revenues, Expenditures, and Charges in Fund Balance for the six months ended March 31, 2019 (Exhibit 1), reflects total revenues of $718,856 and a fund balance of $1,545,745.
Source of Additional Information
Kristin Carpenter, Assistant Director, Accounting Division, (954) 357-7140
Dan West, Director, Parks and Recreation Division, (954) 357-8100

Fiscal Impact
Fiscal Impact/Cost Summary:
There is no fiscal impact.
Attachments
Exhibit 1 - Financial Summary - Park, Open Space Recreational Trust Fund


    

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