Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Board accepts Treasurer’s report, approves bills and moves $125,000 into liquid CD
Summary
The board accepted the Treasurer’s Report, approved payment of bills, and authorized moving $125,000 from the village checking account into a liquid certificate of deposit.
At the March 4 meeting the Village of Makanda Board of Trustees accepted the Treasurer’s Report and approved payment of the bills presented. The board also approved a motion to move $125,000 from the village checking account into a liquid certificate of deposit on the recommendation of the Treasurer.
Trustee Wolff made the motion to accept the Treasurer’s Report and to transfer $125,000 into a liquid CD; Trustee Ross seconded the transfer motion and the board recorded that all members present at roll call voted yes. The minutes do not specify the receiving financial institution or the intended duration/rate for the CD.
