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Treasurer outlines escrow balances, transfer and longstanding payment obligation to City of Poughkeepsie
4016812 · February 12, 2025
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Summary
Treasurer Randall Johnson reported escrow and checking balances, a planned transfer for a cost-benefit payment, and summarized a longstanding negotiated payment the IDA owes the city arising from earlier matters.
Treasurer Randall Johnson reported the IDA’s escrow and checking balances and described a longstanding payment obligation the agency holds with the City of Poughkeepsie.
Johnson said the escrow account for 34 Cannon Street has a balance of $9,810.59 and that the board planned to transfer $68.25 into the regular checking account to pay Shepstone…
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