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Edwardsport reports stable balances; council approves January financial report
Summary
Patty presented the January financial report showing receipts, disbursements and account balances for the general, water and sewer funds and a checking account; the council approved the report by voice vote.
Patty presented the town’s January financial report and the council approved it by voice vote.
Patty reported the general fund received $1,247.14 and disbursed $4,518.32, leaving a balance of $52,347.41; the water fund received $22,798.00, disbursed $12,734.94, with a balance of $272,827.92; the sewer fund showed receipts of $40,016.00, disbursements of $8,548.97 and a balance of $44,990.00. The council’s checking account balance was reported as $318,844.38.
Council members moved and seconded approval of the financial report; the motion carried on a voice vote. No additional budgeting actions or appropriation changes were made at the meeting.
