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Metamora reports $295,502 drop in cash balances for June; lists major receipts and disbursements
Summary
The village treasurer reported that cash balances decreased $295,502 (3.73%) as of June 30, 2025. Major receipts included $101,004 in state taxes; major disbursements included a $332,469 payment to Alexis Fire Equipment. Investments included US Treasury bills at 4.15% for six months.
The treasurer reported that cash balances as of June 30, 2025 decreased by $295,502, a 3.73% drop from May 31, 2025. Major receipts recorded included State of Illinois taxes of $101,004 and Motor Fuel Taxes of $14,191.
Major disbursements listed in the report included Alexis Fire Equipment at $332,469, Ameren at $18,603 and other vendor payments; the village noted investments placed in a Commerce Bank money market (.5%), US Treasury Bills at 4.15% for six months, and other interest-bearing accounts. The report was presented as informational; no budget amendments were recorded at the meeting.
