Broward County Commission Regular Meeting


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AI-16506 27.       
Meeting Date: 04/22/2014  
Director's Name: Scott G. Miller
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 March 31, 2014.

ACTION: (T-10:24 AM) Approved.

VOTE: 8-0. Commissioner Jacobs was not present.
Why Action is Necessary
In accordance with Florida Statutes §125.901(3)f, 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.
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 March 31, 2014 for the Children's Services Council is attached as Exhibit 1. For the quarter ending March 31, 2014, the Children's Services Council had total receipts of $5,252,672 and total expenditures of $13,403,759. Administrative costs for the quarter totaled $720,771. During the same period, $46,432,231 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 February 28, 2014 (most recent available) are also attached as Exhibit 2.

Fiscal Impact
Fiscal Impact/Cost Summary:
There is no fiscal impact.
Attachments
Exhibit 1 - Children's Services Council 20140331
Exhibit 2 - Children's Services Budget Amendments and Unaudited Financial Statements 20140228


    

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