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Treasurer reports $17.41 million on hand; two PLGIT CDs reinvested at 4.2%

Upper Hanover Township Board of Supervisors · April 8, 2025
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Summary

The Board entered the Treasurer's report showing $17,410,928.15 in all funds as of March 31, 2025, and the Finance Committee reported two matured CDs were reinvested at PLGIT at a 4.2% interest rate. The board also authorized multiple bills lists.

The Treasurer's Report was accepted and entered into the record, showing total township funds of $17,410,928.15 as of March 31, 2025. The Finance Committee reported that two certificates of deposit at PLGIT matured and were reinvested at an interest rate of 4.2%.

The Board also authorized payment of bills lists covering end-of-February, March 13, end-of-March and the April 8, 2025 bills list; the motions to authorize were made and carried unanimously. The record lists the accepted reports and financial actions, which the Board entered into the minutes.