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Los Ranchos midyear cash report: $14.9M balance; trustees ask about cleanup liens as CFO prepares to depart
Summary
CFO Tammy Silva reported an ending cash balance of $14,891,158.27 and a year‑to‑date revenue‑over‑expenditure excess of $583,708.44. Trustees questioned whether code‑enforcement cleanup costs are lienable after staff and counsel explained mortgage/trust complications on one property. Silva announced she will assist part‑time through January while the village recruits a successor.
CFO Tammy Silva presented the village’s 12/31/2025 midyear cash report at the Jan. 20 Board of Trustees meeting. Silva reported an ending cash balance of $14,891,158.27, a monthly increase of $267,483.83 and a year‑to‑date excess of revenue over expenditures of $583,708.44. She told trustees the review shows the village remains on track with the adopted budget through the fiscal midyear.
Trustee Edwards asked about cleanup expenditures listed in the packet (about $8,900 for a property described as a hoarder…
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