Broward County Commission Regular Meeting
Director's Name: Stephen Farmer (Acting Director)
Department: Finance and Administrative Services Division: Accounting
Information
Requested Action
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MOTION TO FILE Quarterly Financial Report for the Children’s Services Council of Broward County for the quarter ending March 31, 2025.
body
Why Action is Necessary
In accordance with §125.901(3)(f), Florida Statutes, the Children’s Services Council of Broward County is required to file a Quarterly Financial Report with the Board.
What Action Accomplishes
Compliance with §125.901(3)(f), Florida Statutes.
Goal Related Icon(s)
☐County Commission
☐Go Green
☐MAP Broward
Previous Action Taken
None.
Summary Explanation/Background
THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE ACCOUNTING DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.
For the quarter ending March 31, 2025, the Children’s Services Council had a total of over $161 million deposited or invested. Total expenditures were $29,501,908; total receipts were $10,669,383 and administrative costs were $1,504,437. (Exhibit 1)
The dollar amounts referenced in this agenda item have been rounded to the nearest whole dollar.
Source of Additional Information
William O’Reilly, Director, Accounting Division, (954) 357-7212
Cindy Arenberg Seltzer, President/CEO, Children’s Services Council of Broward County, (954) 377- 1000
Fiscal Impact
Fiscal Impact/Cost Summary
There is no fiscal impact.