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Whiteland RDC reports $1.72 million fund balance; receives $92,000 refund from Franklin
Summary
At its Dec. 11 meeting the Whiteland Town Redevelopment Commission reported $19,157 in disbursements, a $1,719,012.05 fund balance and $4,110.37 in interest for November; commissioners also accepted a roughly $92,000 refund from the City of Franklin after a roundabout project came in under budget and approved minutes and voucher packet 21125.
The Whiteland Town Redevelopment Commission received a financial update on Dec. 11 showing monthly disbursements of $19,157, an RDC fund balance of $1,719,012.05 and $4,110.37 in interest earned during November.
Unidentified Speaker 2 delivered the report, stating: "So for this month, our total disbursed was $19,157 even. Our current fund balance for the RDC account is $1,719,012.05. And then the RDC account was able to profit $4,110.37 as interest for the month of November from the bank." When the chair asked for…
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