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Golf Manor Village finance committee reviews March balances, authorizes paying outstanding bills through April 30
Summary
The finance committee heard a March financial report showing a $3.32 million combined bank balance, discussed delayed real-estate tax disbursements, and approved a motion authorizing payment of outstanding bills through April 30 and an appropriation adjustment to cover legal fees.
Eric, finance staff for Golf Manor Village, told the finance committee the village had a combined bank balance of $3,324,050.30 for March 2025 and that $247,015.02 of that was in the village’s primary checking account. "$1,381,978.41 can be found in the village's high interest savings account," he said.
Eric said the village generated $77,204.88 in general fund income taxes for March, and that year‑to‑date income tax receipts were up just under 20 percent compared with the prior year. He also noted…
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