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Lerner board accepts treasurer's report, approves claims docket and a $29,394 gift
Summary
The board accepted a November financial report, approved the claims and allowance docket totaling $61,642.91, and separately adopted a $29,394 claim for a gift; some internal financial figures in the treasurer's presentation were presented in the packet and summarized at the meeting.
The Lerner Governing Board accepted its treasurer's report and approved the claims and allowance docket during its Jan. 14 meeting.
Nick Mueller of Kruegel Lawton presented November financial statements, reporting net income from theater operations (gross profit) of $781,620 and noting it was about $7,032 lower than the $788,652 shown for the previous year. Mueller reported a year-to-date net loss for Lerner operations of $586,508. He invited questions from the board and the treasurer's report was approved by motion.
The board then approved the claims and allowance docket as presented; the docket total was reported as $61,642.91. Separately, the board considered and adopted a claim for a gift in the amount of $29,394 by motion and voice vote.
The meeting record contains a longer sequence of financial breakdowns (operational expenses, city contributions, and Lerner contributions) presented by the treasurer; some summary figures in the verbal report are recorded in the packet. At the meeting no member objected to accepting the report or to the claims approvals. The board did not enact additional budget policy or assign follow-up tasks at this meeting.
