Spring Lake treasurer reports $312,318.81 in general fund; multiple restricted funds noted

Treasurer Diana Johnson presented the town's financial snapshot at the Oct. 20 meeting. "As you will find, the beginning balance is $308,067.70. We received $4,329.85. We disbursed $264.74, leaving an ending balance of $312,318.81," she said while reading the treasurer's report. The report listed several restricted and special funds with ending balances: MBH Fund $49,637.72; MBH Restricted Fund $30,149.74; Lake T Fund $50,801.95; CCI Fund $5,394.94; CCB Fund $10,106.67; Business Development Fund $195.86; Rainy Day Fund $31,439.92; CD $20,742.63; American Cares Act $7,380.42; Community Crossing Grant $105,202.12.