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Board of Finance reviews investment returns, approves expired-warrant clearance and banks for 2025

2117127 · January 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

At the separate Board of Finance meeting Jan. 14, MSD Steuben County reviewed strong interest income, approved cancellation of long-outstanding checks, confirmed banking relationships and reviewed the district's financial condition (DUAB report).

The MSD Steuben County Board of Finance met immediately after the regular board meeting on Jan. 14 to review investments, financial condition and procedural finance items.

The finance report highlighted a sharp increase in interest income compared with recent years; administration reported approximately $975,657 in interest earned year-to-date on district deposits and recommended…

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