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Treasurer reports $58,752 decline in cash balances; lists major receipts and disbursements
Summary
Treasurer reported cash balances decreased $58,752 as of June 30, 2026; major receipts included $105,288 in Illinois taxes and disbursements included $49,045 to Asia Motors. Investment yields and account locations were reported.
The village treasurer reported cash balances fell $58,752 (a 0.72% decrease) between May 31 and June 30, 2026. Major receipts cited were Illinois taxes of $105,288, motor fuel taxes of $14,882 and $54,280 in US Treasury Bonds; major disbursements included $49,045 to Asia Motors and $26,007 to Ameren.
The treasurer also summarized investment activity: U.S. Treasury bills earning 3.6%, a Commerce Bank money market at 0.35%, and CDs at Goodfield State Bank earning 4.0%. No follow-up actions or reallocation decisions were recorded in the minutes.
