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Prospect finance officer reports $4 million in investments; budget amendment deferred pending attorney fees
Prospect City Council · March 17, 2026
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Summary
Finance lead John told the council Prospect holds about $4,000,000 in investments and just over $100,000 in checking; capital project and road aid funds were reported and a potential budget amendment tied to attorney fees was deferred until costs are known.
John summarized Prospect’s February finances and said the city is proceeding cautiously while awaiting legal-cost information.
“We started off with basically $4,000,000 in our investments,” John said, adding the city had just…
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