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Page County EDA reviews finances, bank balances and property assessments
Summary
The EDA reviewed February financial materials showing checking balances (Blue Ridge Bank $60,090.34; Checking #4317 $25,068.01), Pioneer Bank CD details, and a list of EDA-owned parcels with combined assessed value of about $1,128,000.
At the Feb. 23 meeting the EDA reviewed its monthly financial report and supporting budget documents prepared by Treasurer Sara Levinson. The minutes record a Blue Ridge Bank checking balance of $60,090.34 (noting a $23,000 deposit Dec. 2) and a second checking account balance of $25,068.01; Pioneer Bank CDs and loan-secured CD balances were also listed in the attachments.
Members reviewed a property inventory showing EDA-owned parcels on Stony Brook Lane and several Goodrich Road parcels with listed tax assessment values that total approximately $1,128,000 across the enumerated parcels. The minutes list recent expenses categories and line items (advertising, accounting, legal, website, stipends) but do not indicate any additional invoice approvals during the Feb. 23 meeting.
