Discuss, consider, and possibly act on approving financial statement and investment/pledge report 2025. Mr. Pena presented the financial statement for the month of February. He mentioned that the tax collection account has a balance of $515,833.68.
Official Roll-Call Vote
Staff Report & Agenda Item Details
Discuss, consider, and possibly act on approving financial statement and investment/pledge report 2025. Mr. Pena presented the financial statement for the month of February. He mentioned that the tax collection account has a balance of $515,833.68. The operating account has a balance of $17,010.10 and the reserve account has a balance of $2,056,204.20. All three accounts total $2,589,047.98. The interest earned on all three accounts for February 25 $7,25.68 and for the fiscal year interest earned $44,819.00. Mr. Pena also mentioned that the pledge report was from January and Mrs. Ericelda De Leon had called and mentioned that she was adding $100,000 more to be pledged sufficiently. Motion made by Paul Goranson to accept the financial statement and pledge report as presented. Seconded by Burt Martinez, motion carries unanimously.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.3/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.