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Williamsport treasurer proposes 12-month contract with 3 Plus 1 to analyze liquidity; council asked how to budget $18,000 fee

Committee of the Whole, Williamsport City Council · April 1, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City Treasurer Adam Waldrop outlined a 12‑month engagement with 3 Plus 1 to analyze liquidity and treasury strategy; the service would cost $18,000 per year with the first quarterly payment scheduled in September, creating a $4,500 charge in 2026 and requiring a budget ordinance for appropriation.

City Treasurer Adam Waldrop told the Committee of the Whole on March 31 that he is seeking authorization to enter a 12-month service agreement with 3 Plus 1 to perform liquidity analysis and monitor treasury services. Waldrop said the firm will examine about two years of the city’s financial records to identify investment and…

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