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Treasurer reports lower pooled cash, ARPA commitments and water/sewer deficits in Jan. 31 financials
Summary
Treasurer Markowski presented the Rutland City general fund and Rutland Redevelopment Authority financial reports for the period ending Jan. 31: pooled cash is lower than prior year, ARPA assignments total about $1.3 million, and water and sewer funds continue to show cash‑flow strain.
Treasurer Markowski presented the Rutland City and Rutland Redevelopment Authority financial reports for the period ending Jan. 31 during the Feb. 18 Board of Aldermen meeting, outlining cash balances, ARPA assignments and operational variances.
Key points from the treasurer’s report: pooled cash balances were lower than the prior year in part because ARPA funds have been spent and prior bond cash had not been expended…
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