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City finance committee reports $22.9 million in cash across funds; 2024 audit complete

5394563 · July 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Finance Committee reported a June 30 cash balance of $22.9 million, noted $7.4 million encumbered, and said about $15.5 million remained available; the committee also said the 2024 audit is complete and commended the finance director.

The Fostoria Finance Committee reported a total cash balance of $22.9 million across all funds as of June 30 and told the council that approximately $7.4 million of that total was…

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