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La Porte City BID Board accepts year-end finances, approves three invoices
Summary
The La Porte City BID Board accepted a year-end financial report showing a year-end balance of $130,171 and approved payment of three invoices, the board was told Jan. 13.
La Porte City BID Board accepted a year-end financial report and approved payment of three invoices at its Jan. 13 meeting.
John, a board member who presented the finance report, said the board ended the year “with $130,171 basically” after receiving a November tax allotment and some interest. He told the board that the group is spending “about $50,000 more than we’re bringing in,” which he said would last roughly “two to…
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