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Beverly council schedules Aug. 19 special meeting after noting low checking balance
Summary
At its Aug. 12 meeting the Beverly Town Council recorded a low checking balance that required moving funds from CDs to cover payroll and invoices, and voted to hold a special meeting on Aug. 19 to address financial matters.
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The Beverly Town Council on Aug. 12 recorded that the towns checking account was low and that some funds had been moved from certificates of deposit to make payroll and pay invoices. The minutes state that Council member Matt Lewis moved to call a special council meeting to discuss the towns financial matters; Connie Pingley seconded and the motion carried. The special meeting was set for Monday, Aug. 19, 2024 at 6:30 p.m.
The record lists Matt Lewis, Katie Whittaker, Connie Pingley and Kenny Pritt as the council members present; Mayor Andy Burns and Council member Robbie Moyer were absent. The minutes do not provide dollar amounts, an account balance, or the specific CD amounts moved; those details were not specified in the record and will be addressed at the special meeting according to the motion's purpose.
