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Council approves monthly financial statement; total fund balance $290,687.46
Summary
The council approved the monthly financial statement showing a total fund balance of $290,687.46 as of Jan. 31, 2026, and approved audited warrants and payroll listing; key line items were read into the record.
At the Feb. 2 meeting Mayor Padraic Rigg presented the finance report and the council voted to approve the monthly financial statement. Finance Officer Michaeleen Roark reported actual bank balances as of Jan. 31, 2026: Checking $25,768.47; Savings $235,517.29; C.D. $18,310.94; Petty Cash $100.00; Restricted Cash $10,990.76; total fund balance $290,687.46.
Council also approved payment of audited, approved warrants and reviewed monthly payroll totals (General Fund payroll listed as $13,658.04; Enterprise Fund-Water $2,215.40; EPF-Sewer $2,924.90). The motion to pay warrants carried; the council adjourned at 7:37 p.m. and set the next meeting for March 2, 2026.
