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Loami treasurer presents new report format; board accepts report noting $15,000+ interest income
Summary
Treasurer Brad Colantino introduced a revised Treasurer’s Report format and told the board the village has received over $15,000 in interest income year to date. The board voted to accept the October 2025 report.
Treasurer Brad Colantino presented a proposed new format for the Treasurer’s Report and reported that, year-to-date, the Village has received over $15,000 in interest income. He presented the October 2025 report to the board for approval.
Trustee Billy Cohen moved to accept the report and Trustee Courtney Schmideler seconded. A roll-call vote recorded unanimous ayes and the motion carried. Trustee Courtney Schmideler later reported the FY 2025–2026 budget appears to be on track and that an automatic-payment option for water and sewer bills has been launched in a small pilot; the automatic-payment form and FAQ are posted on the Village website.
