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Escambia Children’s Trust reports $25 million cash, board votes to file annual numbers for audit
Summary
At its Oct. 14 meeting the Escambia Children’s Trust reviewed its fiscal-year financials through August and voted to file the treasurer’s report for the annual audit. Staff said roughly $23 million is obligated and about $4 million remains available.
The Escambia Children’s Trust board voted Oct. 14 to file its fiscal reports for audit after hearing a treasurer’s briefing showing roughly $25 million in the trust’s bank accounts and about $4 million available for new or unanticipated needs.
Treasurer Tammy Abrams told the board the packets cover activity through August 2025. ‘‘We have 23,000,000 in the bank and 4,000,000 of that is not obligated currently,’’ Abrams said, noting 83% of cash on hand is already obligated…
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