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Finance committee: $22.7 million in city accounts; revised fund carryover policy moves to council
6494032 · October 21, 2025
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Summary
Fostoria’s finance committee reported $22.7 million in bank accounts (about $17.3 million available) for the period ending Sept. 30, 2025, noted positive water and sewer enterprise fund results, and approved a revised fund carryover balance policy for council consideration.
The finance committee met at 5:30 p.m. and the finance director reported financial results for the period ending Sept. 30, 2025. The committee record shows the city’s bank accounts totaled $22,700,000 with approximately $17.3 million available at that reporting date.
The finance director…
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