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Rushford Village council accepts 2024 financial report, approves transfers and FEMA reimbursement
Summary
The Rushford Village council accepted the 2024 financial report, approved a $534.38 transfer from the AMRP fund to the general fund per state-auditor guidance, acknowledged investments and indebtedness, and approved a $7,843.11 FEMA reimbursement for a June 2024 flood project.
The Rushford Village City Council at its Jan. 21 annual meeting accepted the 2024 financial report and approved several bookkeeping and reimbursement items affecting the village’s funds.
Clerk Mary Miner presented year-end balances and cashflow figures: the NOW account balance was $448,744.84; December receipts totaled $280,821.53 (including a December levy of $196,946.14 and local government aid of $37,608.00); December disbursements were $157,121.15; and outstanding checks were $63,736.46. The council voted to accept the financials as presented (motion by Hart; second by Link).
Miner reported a $534.38 balance remained in AMRP Fund 208 although the program money had been spent; following guidance from the State Auditor’s office she asked that the amount be transferred into the General Fund 100. The council approved the transfer (motion by Hart; second Ruberg).
The council also reviewed investment holdings (CDs totaling $634,844.16) and outstanding debt obligations totaling $682,093.52 as of Jan. 1, 2025; council members acknowledged the 2025 payment schedule.
On public-works matters, Miner reported final FEMA review for Project 759623 (DR4794-MN) related to the June 16–July 4, 2024 flood event and recommended accepting a $7,843.11 reimbursement for riprap replacement and debris removal. The council approved acceptance of the FEMA reimbursement (motion by Hart; second Ruberg).
No council member opposed the measures; recorded motions in the minutes are indicated as 'Carried.'
