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Supervisors approve $136,064.22 in monthly expenditures; adopt accounting and investment items
Summary
Salem Township approved monthly expenditures of $136,064.22 across funds, authorized a QuickBooks Enterprise upgrade at $1,768 annually, renewed a 3-month CD at 3.85% APY, and approved an actuarial-services contract with Acrisure.
The Salem Township Board unanimously approved routine financial business on April 16, including monthly expenditures totaling $136,064.22 across the General, Payroll, Liquid Fuels and other funds.
The board also authorized an accounting-software change: approving an upgrade to QuickBooks Enterprise at an annual cost of $1,768, replacing the township's current QuickBooks Desktop Pro which costs $2,397 annually. Supervisors said the move will reduce annual software costs.
Supervisors approved renewing an existing three-month certificate of deposit with First Commonwealth Bank at 3.85% APY and approved an actuarial-services contract with Acrisure (following Mockenhaupt's integration into Acrisure on Jan. 2, 2025). The board additionally approved a Cintas rental-service buyout at approximately $7,177.29 as of March 26, 2025 to end an ongoing rental agreement.
The expenditures motion included standard disclosures noting supervisors' routine business dealings with certain vendors; the tally on the motion passed unanimously.
