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Metamora treasury reports $65,387 drop in cash balances for January 2026
Summary
The village reported cash balances fell $65,387 (0.80%) as of Jan. 31, 2026; major receipts included $147,874 in Illinois taxes and $15,805 in motor fuel taxes. Investments included money market accounts and U.S. Treasury bills with stated interest rates.
The Treasurer reported that "Cash balances as of January 31, 2026, decreased $65,387, an .80% decrease from December 31, 2025." Major receipts listed included Illinois Taxes of $147,874 and Motor Fuel Taxes of $15,805, while major disbursements included Ameren ($25,869), Axon Enterprises ($11,805) and BlueCross BlueShield ($18,834).
The Treasurer also summarized investment activity: funds were placed in money market accounts at Commerce Bank (earning 0.35%) and Goodfield State Bank (0.15%), CDs earning 4%, an Insured Cash Sweep Account at Goodfield State Bank earning 1.65%, and U.S. Treasury bills earning 4% and 3.5%. The report was presented to the board for review; no formal action on the report was taken beyond acknowledgment in the minutes.
