Timberlake posts $48,762 monthly surplus; General Fund $631,129 through May
The fiscal officer reported a May net surplus of $48,762.26 driven by $87,961.75 in income-tax receipts; council approved the financial reports. The village has one loan payment remaining on a 2015 Street Improvement Loan.
The full story
The Fiscal Officer reported that the General Fund ending balance through May 31, 2026, was $631,129.46, with total receipts for May of $99,688.10 and expenditures of $50,925.84, producing a net surplus of $48,762.26 for the month.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in