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Treasurer reports account balances; board approves payment of May bills
Summary
Administrator/Treasurer Karen Shipton reported reconciled bank statements and account balances totaling about $547,188 across three accounts; the board approved the treasurer's report and payment of May bills. The vendor expense total in the minutes appears garbled and requires clarification.
Administrator and Treasurer Karen Shipton presented the financial report for April and related bank reconciliations and vendor lists.
Shipton reported three account balances as of April 30, 2026: Asset Reserve Restricted Account $130,950.41; Short Lived Asset Reserve Account $286,580.01; and General Account $129,658.39. She told the board that bank statements reconciled with QuickBooks and that invoices and bank statements were available for review.
After reviewing a vendor summary and transfers, the board voted to approve the treasurer's report and the payment of bills submitted for May 2026. The motion to approve payment of bills was made by Bill Finley Jr. and seconded by Dave Swartz and carried unanimously.
The minutes include a line-item vendor list but show a garbled overall total (transcript reads "TOTAL 20,177,4565"). That total is unreadable in the record and should be confirmed by the treasurer before public release of final accounting.
