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Town of Beaver Dam reports $606,167 cash on hand (excluding loan); board approves bills totaling $20,521.57
Summary
Treasurer reported cash balances and loan amount April 8; the board approved payment of $20,521.57 in bills and unanimously approved the March 11 minutes. The meeting adjourned at 7:44 p.m.
Treasurer Nicole Banes reported the town’s cash positions at the April 8 meeting: $264,073 in checking; $321,128 in a money market; $27,402 in money market reserves; yielding total cash on hand without the loan of $606,167. Banes also reported an outstanding loan balance of $1,145,798.
Following departmental reports, the board approved payment of bills totaling $20,521.57 on a motion from Liz Kern, seconded by Dave Raue; the motion carried unanimously. Earlier in the meeting the board moved (L. Kern/Raue) to approve the March 11, 2025 meeting minutes; that motion also carried unanimously. The meeting was adjourned at 7:44 p.m. on a motion by Raue, seconded by L. Kern, which carried unanimously.
The minutes do not provide a detailed roll-call vote breakdown beyond stating the motions carried unanimously; five board members were listed as present.
