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White Oak council approves February financial reports, check register and interfund transfers
Summary
Council accepted the treasurer's report for February 2025, approved the check register covering checks 51147–51255 totaling $542,153.31, and authorized interfund transfers totaling $278,505.64.
The White Oak Borough Council unanimously approved the treasurer's report for February 2025 and a series of related financial motions during its regular meeting.
The treasurer's report, presented by Jason Russell, showed a beginning unrestricted balance of $1,248,493.14 and a restricted balance of $3,317,552.47, for a combined total of $4,566,045.61. Actual revenues for February were $941,481.27 and actual expenditures totaled $1,073,024.73. Fund balances were listed with an unrestricted balance of $1,084,126.39 and a restricted balance of $3,335,375.76.
The council approved the check register for the month of February, which includes electronic fund transfers and general fund checks in the range 51147 to 51255 totaling $542,153.31. Council also authorized the following interfund transfers for February: Liquid Fuels to General Fund $126,887.86; Solid Waste to General Fund $148,710.54; Post Retirement to General Fund $2,907.24, for total transfers of $278,505.64.
Why it matters: The motions record routine budgetary housekeeping and resource allocations between funds that keep municipal operations funded and in compliance with accounting rules.
Voting and process: The motions were moved and seconded on the floor and the council voted to approve each motion; the meeting record shows the motions passed.
