Treasurer Reports

Quarterly Treasurer’s Reports display the POST Commission’s financial activity. Actual expenditures and incurred costs are displayed on a cumulative basis.  For example, the Q3 report would include financial activity for Q1 and Q2.  The report’s rows constitute several spending categories ranging from payroll to information technology (IT).  The green column exhibits the annual budget, or final spending plan. The columns in gray show actual expenditures, as well as incurred expenses. 

For these reports, the term “incurred” refers to funds which are encumbered (or apportioned for a specific purpose).  For example, monthly office rental payments are already determined by a contractual lease.  Therefore, these monthly amounts can be encumbered, or set aside, early on in the fiscal year. The total of actual expenses and incurred amounts equal total commitments. Finally, the blue column displays total projected spending for the fiscal year. These amounts include total commitments, as well as forecasted spending.