DCFA Audited Financial Statements – 06/19
June 25, 2020
DCFA Treasurer Reports – Q1 2020
June 25, 2020
DCFA Budget – 2019
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- File Count 1
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- Create Date June 25, 2020
- Last Updated May 11, 2026
The DCFA is a conduit financing authority whose sole source of revenue comes from its members and investment earnings. As shown in Table 1, fiscal year 2019/20 revenues are expected to be just over $550,000, similar to the fiscal year 2018/19 budget, and $150,000 higher than projected revenues for fiscal year 2018/19. Proposed 2019/20 expenditures of $597,000 are approximately 8.6%, or $47,000, higher than budgeted in 2018/19. Budgeted revenues (member payments) are flat compared to the 2018/19 budget, as approximately $46,000 of expenditures will be funded from reserves. The reserve balance is a result of 2018/19 expenditures being less than budget since activities were delayed as the project was reconfigured.