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Treasurer reports $634 in July interest; general funds transfer scheduled Aug. 5

City of Knoxville Regular Council Meeting · August 4, 2025

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Summary

Treasurer Barnum told the council $634.00 in interest was collected in July from Tompkins State Bank on accounts that were non-interest bearing at First Mid Bank and said general funds transfers would occur on Aug. 5, 2025.

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Treasurer Barnum reported at the Aug. 4 council meeting that $634.00 in interest was collected in July from Tompkins State Bank on accounts that were previously non-interest bearing at First Mid Bank. She also stated that general funds would be transferred on Tuesday, Aug. 5, 2025.

No additional financial detail or account identifiers were provided in the minutes; the report was recorded as a brief Treasurer’s update and no action was taken during the meeting.

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