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Council moves $40,000 to water fund CD, approves monthly bills
Summary
Nortonville council accepted financial reports, approved paying monthly bills, and voted 4-0 to move $40,000 from the water fund into a water fund certificate of deposit as part of routine fund management.
During the council's April 9 meeting, staff presented routine financial statements, bank reconciliations, and fund reviews. After discussion the council voted 4-0 to accept the reports and to transfer $40,000 from the water fund into a water fund CD as a liquidity and investment decision recorded in the minutes.
The council also reviewed and accepted utility billing totals, past-due account listings, and proposed account adjustments. The minutes do not identify individual motion-makers for these routine financial actions; all financial motions passed by unanimous recorded votes of the members present.
