Broward County Commission Regular Meeting

MOTION TO FILE Quarterly Financial Report for the Children’s Services Council of Broward County for the quarter ending December 31, 2016.

ACTION:  (T-10:26 AM)  Approved.

VOTE:  8-0.  Vice Mayor Furr was not present.

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.

Compliance with Florida Statutes §125.901(3)f and Laws of Florida, Chapter 2000-461, Section 4(6).

None.

THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE ACCOUNTING DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.

The quarterly financial report for the quarter ended December 31, 2016 for the Children’s Services Council is attached as Exhibit 1. For the quarter ending December 31, 2016, the Children’s Services Council had total receipts of $64,753,539 and total expenditures of $12,512,653. Administrative costs for the quarter totaled $3,346,334. During the same period, $66,728,150 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 September 30, 2016 (most recent available) are also attached as Exhibit 2.

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