Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Fiscal officer reports June reconciliation and notes tax-exemption for water plant property
Summary
Fiscal officer Chris Page said the village reconciled June with receipts of $311,545.13, expenditures of $355,938.78 and interest earned of $15,006.37; he also reported the State Department of Taxation approved exemption of the water plant property from real property tax.
Fiscal officer Chris Page asked the council to approve the payment register and presented the June financial reconciliation. He reported monthly receipts of $311,545.13 and expenditures of $355,938.78; interest earned for the month was $15,006.37. Page reported a reconciled balance (as read to the council) and provided year-to-date revenue and expenditure figures.
Page also said the State Department of Taxation approved an exemption of the water-plant property from real-property tax, a development he presented as completed at the office level. The council moved to approve the check register and recorded affirmative votes.
"We are reconciled for the month of June. In the month, we received $311,545.13. We expended $355,938.78," Page said. "Our interest earned for the month was $15,006.37." Council approved the payment register following the fiscal officer's request.
