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The Florida Citrus Commission's financial executive summary reported $16.5 million in cash on hand as of December 31, 2010, with revenue $1.5 million lower than the previous year but expenditures $5.6 million less than last year. General operations expenditures were $2.8 million. The summary also detailed properties for sale or lease, including a building offered for purchase for $1.25 million and staff recommendation to accept a $1.275 million offer.
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Practice ppt
- 1. Financial ExecutiveSummary Presented to the Florida Citrus Commission January 19, 2011
- 3. Revenue collections are $1.5 million lower than last year
- 4. Expenditures are $5.6 million less than last year
- 6. 1115 E. Memorial Blvd. May 2010 Offered for sale at $1.5 mil Dec 2010 FCC approved lease agreement Jan 6, 2011 Received offer to purchase $1,250,000 Jan 19, 2011 Staff Recommendation: Accept purchase offer $1,275,000