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Treasurer reports Pokagon Fund balance, upcoming CD maturities and millage notice
Summary
Treasurer Tracey McCay reported a Pokagon Fund balance of $43,329, said two CDs will mature in December, and said the treasurer will mail a letter explaining the renewed five‑year operating millage and appear on winter tax bills.
Treasurer Tracey McCay presented the financial update at the Oct. 11 meeting: the Pokagon Fund balance is $43,329 and two certificates of deposit are set to mature in December; staff are monitoring interest rates before reinvestment decisions.
McCay said a letter will be mailed explaining the recently renewed five‑year Operating Millage (approved by voters in August) and how it will appear on winter tax bills. The police department will include an emergency contact form with that mailing.
The minutes do not provide a full operating budget, spending changes related to the millage, or details about the CDs’ principal amounts or reinvestment options.
