Regular Meeting (Treasurer’s Report)

**Executive Summary**

**Financial Overview**
The document outlines the financial disbursements, receipts, and balances for a fiscal period ending in April 2024. The total disbursements amount to $327,072.50, while the receipts are noted to be significantly lower at $5,231.30. This results in a closing balance of $100,488.49, indicative of a challenging financial environment. The distinctions in funds, which include “CD’s” and “Chewing”, suggest a diverse financial activity but raises questions about the categorization and management of these funds.

**Analysis of Funds**
The breakdown includes key financial elements such as Tax Funds at $248,011.37 and notable negative values under the “Brunel” category, indicating potential fiscal discrepancies or outstanding liabilities totaling (60, F88.49). The report highlights critical areas that require attention, particularly in managing the accounts and ensuring that the revenue generated aligns with the disbursements. The mention of a PHEILING TAX PEBIT suggests that tax-related adjustments and follow-ups are necessary to maintain financial stability.

**Conclusions and Recommendations**
Overall, the financial status depicted necessitates a thorough analysis of both incoming resources and outgoing expenditures. To enhance fiscal health, it is recommended to conduct a detailed audit into each fund category for better clarity and to implement tighter controls on both disbursements and receipts. Stakeholders must review tax obligations and ensure proper categorization of all financial activities to avoid further discrepancies. Enhanced monitoring strategies could foster improved financial management going forward.