Date: March 30, 2017
To: Members of the Economic Development Authority
From: Nate Carlson, Economic Development Coordinator
Title
February 2017 EDA Financials
Body
Action Requested:
No action is requested. Financial reports are provided for informational purposes only.
Summary Report:
Attached are the February 2017 EDA Financial documents, including the EDA Loan Statement. Staff has been working with the Finance Department to finalize 2017 budget amounts as well as fund balances for the newly created EDA funds (i.e. 290, 292, 293). The attached financial report details the expenditures and revenues from each fund for the month of February 2017. Staff will be working toward developing a fund balance report to add as supplementary financial documentation for EDA Board members.