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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Viola Miller, Chief Financial Officer |
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PRESENTER(S): |
Viola Miller, Chief Financial Officer |
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Brad Armstrong, Director, Budget & Financial Strategy |
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Dan Hofer, Director, Capital Assets & Project Controls |
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Greg Andrews, Senior Capital Budget Analyst |
TITLE:
title
Financial Report - January 2024
end
AGENDA ITEM TYPE:
Report
RECOMMENDATION:
Written report provided for the information of the Board. Trustees may ask questions or request presentation of this report as needed.
BACKGROUND:
The Board of Trustees Policy No. 2.1, Financial Management, directs the Chief Financial Officer to present monthly financial statements stating the Authority’s financial position, revenues, and expense to the Board of Trustees as soon as practical with monthly and year-to-date budget versus actual report to be included in the monthly financial report. The January 2024 Monthly Financial Statements have been prepared in accordance with the Financial Management Policy and are being provided to the Board. Also provided is the monthly Board Dashboard which summarizes key information from the January 2024 Monthly Financial Statements.
DISCUSSION:
At the March 13, 2024, the January 2024 financial report is being provided for information in the consent section of the meeting agenda. The Chief Financial Officer will be available to review, as needed, the Board Dashboard key items, passenger revenues, sales tax collections and operating expense variances and receive questions from the Board of Trustees.
ALTERNATIVES:
n/a
FISCAL IMPACT:
n/a
ATTACHMENTS:
• January 2024 Board Dashboard
• January 2024 Monthly Financial Statements