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Controller reports canteen and inmate balances; board renews short-term investment
Summary
The county controller reported June balances for inmate and canteen accounts and the prison board voted to renew a maturing Pennsylvania Local Government Investment Trust account.
The Lackawanna County controller reported on July 31 that the inmate account held $464,703.89 and the canteen checking account held $612,753.91 as of June 30, 2025. The controller also reported Pennsylvania Local Government Investment Trust (PLGIT) holdings totaling $947,826.42 in investment accounts associated with the canteen funds.
The controller told the board that one PLGIT account worth $858,002.49 matured on July 11 and had been renewed for six months at 4.35% following a prior vote. A second PLGIT holding of approximately $110,556 was due to mature on July 24; the board moved to renew that maturity at current rates and approved the renewal by voice vote.
The controller also reported that $73,109.55 was paid from the canteen account in June 2025 for the benefit, welfare and education of county prison inmates; an itemized list of those expenses was attached to the controller’s written report. The controller noted the PLGIT accounts were earning about $3,455 monthly and that a reconciliation (“true up”) of the prison’s health-care budget showed a favorable variance of a bit more than $100,000 after the first quarter.
Separately, the board moved to approve all current payables for the Community Corrections Center (agenda item 25 3 0 3 4); the motion passed on a voice vote recorded as "Aye."
