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Treasurer reports Metamora cash balances rose $56,346 in December
Summary
Treasurer Garber reported a $56,346 increase in cash balances for Dec. 31, 2024 (0.72% increase), listed major receipts including $95,624 in Illinois taxes and a $14,793 major disbursement to Brenntag Mid-South, and summarized month-end investment yields.
Treasurer Garber presented the monthly financial report and said cash balances as of Dec. 31, 2024, increased by $56,346, a 0.72% rise from Nov. 30, 2024. Major receipts reported included Illinois taxes of $95,624, motor fuel taxes of $15,769, and Nexamp Capital Holdings receipts of $11,319; a major disbursement listed in the minutes was $14,793 to Brenntag Mid-South.
Garber also described investment placements in December 2024: funds placed in a Commerce Bank money market earning 0.5%, a Goodfield State Bank money market earning 0.15%, and an Insured Cash Sweep Account at Goodfield State Bank earning 1.65%. The board received the report; no formal motion or vote on the report is recorded in the minutes.
