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Finance Committee asks member to check bank CD rates; member says RITA income tax “did very well” this year
Summary
At its Dec. 15 meeting the Finance Committee discussed banking fees charged by LCNB and asked Jamie Morley to contact Peoples Bank about CD rates and monthly fees; Jamie Morley said RITA income tax receipts “did very well” this year. The meeting approved minutes and adjourned at 6:56 p.m.
On Dec. 15, 2025, the Finance Committee met to review routine fiscal matters, including banking fees charged by LCNB and recent income tax receipts. Committee members approved the minutes, discussed line-item questions, and concluded by adjourning at 6:56 p.m.
Committee members asked Jamie Morley, a committee member, to contact Peoples Bank to gather certificate-of-deposit rates and any monthly fees for comparison with current LCNB charges. The request was framed as an as‑time‑allows task: “when she has time” was the phrasing recorded in the minutes.
Chris Colvin, a committee member, raised questions about several banking line items. Jamie Morley explained those items and identified one entry as RITA income tax receipts. “The income tax did very well year,” Morley said; the minutes do not provide numerical figures for the receipts.
Attendance was recorded by roll call: Chris Colvin (committee member), Connie Miller (committee member) and Jamie Morley (committee member) were present; Morley attended with a guest, David Nation. Mayor Isaacs attended; Mr. Lauffer arrived late at 6:07 p.m. The minutes were recorded as approved by Connie Miller and Chris Colvin.
Mr. Lauffer said he had watched a video about property tax, and other members noted that Matt Nolan, the auditor, had posted an informational video online with updated material on property tax matters.
Chris Colvin moved to adjourn the meeting; Mr. Lauffer seconded. The meeting was adjourned at 6:56 p.m.
The record contains no vote tallies and provides no numerical figures for the income tax receipts or any estimated savings from bank-fee changes. The committee assigned outreach to gather CD rates and fee information to Jamie Morley; no timeline or deadline was recorded.
