Title
Discuss and consider action to accept the PCDC FY26 Q1 Financial Reports.
Summary
After PCDC Board acceptance, the reports will be forwarded to the City Council for presentation per the By-laws: "on a quarterly basis, the Executive Director or designee, shall present a financial update for the current fiscal year to the City Council at a regularly scheduled City Council meeting."
Prior Action
The PCDC Board reviews and accepts all quarterly financial reports prior to submission to the City Council.
Legal Review Required: N/A _X_ Required __ Date Completed:
Supporting Documents
FY26 Q1 Financial Report
Balance Sheet as of December 2025
FY26 Q1 Investment Report
Staff Recommendation
Discuss and consider action to accept.
Drafter
Tracy Waldron, Finance Director