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Committee accepts June financial reports; investment portfolio performing steadily
Summary
The Ashwaubenon Finance & Personnel Committee accepted June 2026 financial reports after a presentation from finance staff showing steady portfolio performance, a likely underperforming building‑permit revenue line and higher interest income. Committee members asked about RFP timing and cable fee trends.
Greg, the village finance presenter, told the committee the village's investment portfolio has performed well over time and is managed by Associated Trust: "We put a set of money in there years ago, and Associated Trust manages those portfolios," noting municipal‑bond holdings and occasional "unrealized gain loss" from market corrections.
Greg said the general fund is largely in line year‑to‑date through June but cautioned that building permit revenue "likely will be under budget" because local building activity has slowed, while interest income has risen; the budget intentionally understates interest expectations to preserve a cushion. A committee member asked about state aid reliability; Greg said state estimates have been accurate during his 20 years and that transportation and video service aid are typically "right on." The committee moved and voted to accept the June 2026 financial reports.
