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Finance committee recommends October and November financial reports to council after reviewing cyberattack impacts
Summary
The committee reviewed October and November financials, audited bank balances and receipts, and discussed a Nov. 14 cybersecurity incident that delayed accounts‑payable activity; members voted to recommend the financial reports to the full council.
The Golf Manor Village finance committee voted to recommend the committee’s October and November fiscal reports to the full village council after staff reviewed bank balances, receipts and the operational impacts of a cybersecurity incident.
Speaker 2 presented October numbers, reporting a combined bank balance of $4,447,007.61 with approximately $2,465,659.13 in the village’s high‑interest savings account and $245,005.74 in primary checking. The village received $113,204.40 in general fund income tax receipts for October and homestead/rollback funds of about $73,008.41, staff reported. Total general‑fund appropriations for the month were approximately $184,005.58.
For November, Speaker 2 said the combined bank balance was $4,307,564.19 and general fund receipts were $109,097.13; the reduction versus the prior year reflected one‑time differences such as the sale of a village service truck and reconciliations by Hamilton County.
Speaker 2 told the committee the village experienced a cyberattack on Nov. 14, 2025 that disrupted accounts‑payable operations for several weeks. "We couldn't pay bills," Speaker 2 said; staff reported some late‑payment penalties of under $300 and difficulty reaching some vendors during the outage. Administration said operations are nearly back to normal.
After discussion, the committee moved, seconded and approved a recommendation that the council accept the October and November finance reports. The committee also scheduled its next meeting for Feb. 17 at 6:30 p.m.
