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Beardstown council reviews monthly financial reports showing millions in combined balances
Summary
At its Oct. 22 meeting Beardstown City officials reported September cash receipts of $1,127,464.26, cash disbursements of $696,458.10, and combined checking balances including a $3,136,826.86 General Fund balance and $4,672,686.26 in Special Revenue Funds.
Beardstown council members reviewed routine financial reports at their Oct. 22 meeting, with the City Clerk and Treasurer presenting September receipts, disbursements and fund balances.
City Clerk Brian Ruch reported September cash receipts of $1,127,464.26 and cash disbursements of $696,458.10. For the fiscal year period reported (May 1–April), receipts were $6,966,627.25 and disbursements $5,537,957.68.
The treasurer reported combined checking balances for September that include a General Fund balance of $3,136,826.86 and Special Revenue Funds totaling $4,672,686.26. Other listed balances were Bond Sinking Funds $600,639.38, Water Increment Fund $213,645.41, Adequate Assurance Fund $118,199.50, ARPA Grant $746,421.39, Harbor Development Fund $119,367.04 and Marina Campground Fund $2,047.56.
Overtime and part-time pay for September 2024 were presented by department: Ambulance $24,853.33; Fire $4,908.94; Police $13,636.34; Public Works/Cemetery/City Hall $8,333.56. The routine reports were approved as part of the consent agenda under the omnibus vote designation.
