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Finance Committee reviews April finances, notes $2.65 million balance and approves reports
Summary
At its May 11 meeting the Finance Committee reviewed April financial statements, reporting combined bank and book balances of $2,649,986 and distributions including $108,610 from RITA; the committee approved the April 13 minutes and the April financial reports by 3-0 votes.
The Finance Committee met on May 11, 2026, and reviewed April financial records, concluding the jurisdiction’s bank and book balances totaled $2,649,986 and approving the monthly reports by voice vote.
Finance Officer Brian Bibler reviewed the April bank reconciliation and the payment listing, and presented the Appropriations Report covering the General, Street, Water, Sewer, Pool and Storm funds. Bibler reported Star Ohio interest of $1,915 and a distribution from RITA of $108,610, and said that departments are around expected thresholds for this time of year and that revenue is meeting estimates.
Procedural business included two motions that passed unanimously. Brandy McCreery moved to approve the April 13, 2026 minutes as written; Gar Phillips seconded, and the motion carried 3-0. Later, Gar Phillips moved to approve the financial reports for April as presented; McCreery seconded and the motion passed 3-0. Committee members in attendance for the votes were Chairman Rick Foreman, McCreery and Phillips.
The committee noted its primary goal of keeping spending within 2026 appropriations. The next Finance Committee meeting is scheduled for Monday, June 8, 2026, at 6:00 p.m. With no additional business the meeting was adjourned at 6:09 p.m.
