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Board reports $74,991 deficit through February but reserve remains $744,431
2927709 · April 9, 2025
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Summary
At its April 9 meeting the Commerce & Insurance board reviewed fiscal reports showing a $74,991 deficit through February 2025 while a reserve balance of $744,431 remains in place; board members expressed no immediate concern and accepted the financial report.
Board member Chip Hellman told the Commerce & Insurance board on April 9 that the department’s fiscal report through February 2025 shows a deficit of $74,991 but a reserve balance of $744,431.
The update, posted on the board’s meeting materials and reviewed on page…
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