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General Purpose Authority elects officers and approves finances, schedules audit and bylaws review
Summary
At its March 3 meeting the Northampton County General Purpose Authority approved its annual slate of officers, accepted financial reports and vendor invoices (including a $20,000 BEDCO payment request), reviewed a bridge punch-list update, and asked staff to confirm signing authority and present a draft audit next month.
Paul, who led the Northampton County General Purpose Authority meeting on March 3, opened the annual session and members approved the slate of officers presented in the board packet after a motion, a second and a voice vote.
The authority reviewed financial materials for the period ending Feb. 28, 2026. A presenter recited the Treasury report, listing cash and cash equivalents of $997,286.34, liabilities of $250,000 and assets of $1,355,846.14; the presenter said the net loss through the period was about $2,789.29 and cited an end income figure of $1,015,846.14. The transcript also records an ending balance of $1,018,635,630,000; that figure is inconsistent with the…
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