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Firth board approves April financials and authorizes TIFF transfers
Summary
The Firth Village Board approved the April financial report, reported an $83,000 month‑to‑month increase largely from property taxes and TIF receipts, and authorized a transfer of 90% to Bond A and 10% to Bond B; the board also approved routine vendor claims.
The Firth Village Board approved its April financial report and authorized transfers of tax receipts, the board said at its meeting.
The treasurer reported that property taxes and TIF (tax increment financing) receipts raised the general account, producing about an $83,000 difference between the previous month and April. Board members reviewed the balance sheet, noted motor vehicle and property tax receipts, and recommended moving 90% of the designated receipts to Bond A and 10% to Bond B. The board moved to approve the April financial report and to authorize those TIFF transfers; the motion was seconded and adopted on roll call.
Board members then reviewed and approved current claims. The meeting record lists vendor charges that included publication costs, lab charges for water testing, Blue Cross Blue Shield insurance premiums, a new website subscription, sewer‑line videoing and manhole cleaning by Johnson Service Company, and utility bills. Specific line items read into the record included Blue Cross Blue Shield, a website setup and migration fee, and payments to contractors for sewer work and manhole services.
The board’s action keeps routine municipal operations funded and separates amounts for long‑term bond obligations as described in the motion. The board did not attach additional conditions to the transfers or to the claims approvals in the recorded discussion.
Looking ahead, members asked staff to continue monitoring revenue timing and to bring any large or unusual claims to the board for review.
