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Treasurer briefs board on cash, delinquency and JCI project; aldermen approve retroactive police pay
Summary
City Treasurer Mary Markowski delivered August financial reports, discussed cash balances, delinquencies and JCI project escrow activity; the board also approved retroactive pay for two police positions charged to FY25.
Treasurer Mary Markowski presented the city’s financial reports for the period ending Aug. 31 and reviewed pooled cash balances, recent bond proceeds, and delinquent-tax trends. Markowski said pooled cash rose in August following property tax collections and that the city received bond proceeds that will be reflected in September reports.
Markowski discussed delinquent property-tax balances, noting prior-year delinquencies…
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