Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Treasurer warns LCUAS has roughly two months of operating funds; audit access in progress
Summary
The board heard a financial report showing January–February expenses of about $35,000 and a bank balance of $7,869; staff said they will submit a request for payment from the city and an auditor has access to QuickBooks but had not provided a status update.
The board received a treasury report raising short-term funding concerns for LCUAS.
The treasurer reported combined January–February expenses of about $35,000 and a current bank balance of $7,869, noting that the organization has roughly two months of operating funds at the current burn rate. Board members asked about pending…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
