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Middletown council approves treasurer’s report; town records $3,296 interest on $1 million CD
Summary
The Town of Middletown Town Council unanimously approved the Treasurer’s Report after a roll-call vote; Treasurer Keith Smith reported the ICM account at Bank of Clarke earned $3,296 in interest on a one‑million‑dollar certificate of deposit.
The Town of Middletown Town Council unanimously approved the Treasurer’s Report during its April 13, 2026 meeting. Councilor Jacob Skeith moved to approve the report and Councilor Carolyn Aliff seconded; a roll-call vote was recorded and the motion carried 6-0.
Town Treasurer Keith Smith reported that the town’s ICM account at Bank of Clarke generated $3,296 in interest on a one‑million‑dollar certificate of deposit the town purchased. The interest figure was presented as part of the Treasurer’s Report that the council had just approved.
The action was procedural and part of routine financial oversight; no further directives or budget amendments were recorded in the minutes. The council noted the report in the meeting packet and moved on to other committee reports. The meeting adjourned at 7:04 p.m.
