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Interlaken treasurer reports fiscal-year filings, Grand Valley bank transfers and reserves status
Summary
Town treasurer reported completion of state-required fiscal reports, the transfer of reserve accounts to Grand Valley Bank, and current account balances and transfers including a $310,000 transfer to the general fund for road work.
At its Feb. 4 meeting, the Interlaken Town Council heard a fiscal update covering state-required reporting for fiscal year 2024, year-to-date revenue and expense figures, and bank-account changes.
The treasurer said the town completed all required state reporting for fiscal year 2024, including an agreed-upon procedures engagement conducted with assistance from HintonBurdick. The treasurer described the report as positive and said the town’s fraud-risk assessment and…
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