Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Budgets topic
No spam. Unsubscribe anytime.
La Porte City BID board accepts treasurer's report, approves invoices to Mulfield Property Service
Summary
Board accepted the treasurer's report, approved five invoices for watering planters and five weeks of sidewalk maintenance, and recorded account balances and remaining budget available for the fiscal year.
The La Porte City BID board accepted the treasurer’s report and approved two invoices covering watering of planters and sidewalk maintenance for September.
The treasurer reported that the BID paid $4,560 to Mulfield Property Service in August for watering and sidewalk maintenance and earned roughly $176 in interest. For September, the meeting recorded interest income of about $122–$123 and noted that several September bills were processed late and will post as October expenditures. The treasurer reported an account balance of approximately $95,096 and a remaining budget available of $54,008.98 between now and the end of the year.
The board approved five invoices covering planter watering dated Sept. 8–19 totaling $2,560 and five weeks of sidewalk maintenance at $500 per week totaling $2,500. A motion to approve the invoices passed, followed by a separate motion to accept the treasurer’s report; both motions carried.
Board members noted the late processing of some bills to the city finance office, which delayed including September expenditures on the September ledger. The treasurer said she had discussed the timing with city staff and that the items will appear as October expenses.
