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St. Paul approves disbursements, transfers and moves excess pool and library funds into insured sweep accounts
Summary
The council approved the June 1 consent agenda and disbursements, authorized placing $16,824 (pool) and $12,784 (library) into Insured Cash Sweep accounts at Citizens Bank & Trust, and recorded multiple TIF and bond-related transfers and proceeds.
The St. Paul City Council on June 1 approved the consent agenda and a lengthy disbursements schedule and authorized placement of excess 2024–25 departmental funds into insured sweep (ICS) accounts.
Council member Katie Kowalski moved to approve the consent agenda, which included May 18 minutes and the June 1 disbursements; Council member Bill Peters seconded and the motion passed 4-0. The minutes include a detailed vendor and payroll list and several non-general disbursement transfers, including a transfer to pay a fire station bond payment ($39,287.50) and a listed bond payment to the Nebraska Department of Water, Environment & Energy ($100,714.87). The council approved placement of Swimming Pool excess funds ($16,824) and St. Paul Library excess funds ($12,784) into ICS accounts at Citizens Bank & Trust.
The minutes also list TIF proceeds disbursements to multiple beneficiaries and vendor payments for routine city services and supplies. The council voted 4-0 on the motions as recorded; the minutes do not show individual objections.
The record lists many vendors and amounts; the minutes are the primary source for line-item verification.
