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Lynn Township reports $1.66 million across funds; net income $33,883 for reporting period
Summary
Treasurer Tammy M. White reported total fund balances of $1,661,746.06 as of April 30, 2025, income of $99,862.75, expenses of $65,979.12 and net income of $33,883.63 across accounts; fund‑level statements for LFF, HLLW COG, Recreation, Escrow, Park, Equipment, Veterans and Covid were reviewed.
Treasurer Tammy M. White presented the township’s financial statements at the April 10, 2025 meeting, reporting fund balances and period results.
The township’s account balances included a General Fund balance of $26,770.24 and total cash across listed funds of $1,661,746.06 as of April 30, 2025. For the reported period total income across accounts was $99,862.75, total expenses $65,979.12, producing net income of $33,883.63.
Fund‑level highlights included the LFF fund reporting $212.69 interest and winter maintenance expenses of $17,537.02 (net loss $17,324.33); the Recreation fund had $997.85 interest income; the Park fund posted receipts of $2,181.69 and expenses of $2,364.82 (net -$183.13); the Equipment fund recorded $1,003.57 interest and an $8,963.09 interfund transfer (net -$7,959.52); and the Veterans fund reported $1,536.69 net ordinary income including a $1,500 contribution.
The board accepted the financial packet as presented and made routine motions to approve CD renewals and routine transfers during the meeting.
