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Marlborough reports $2.16 million available cash for May; trustees accept treasurer's report
Summary
The Village of Marlborough reported total May 2025 receipts of $90,591.60 and disbursements of $60,821.99, leaving an ending balance of $3,677,229.47 and available cash of $2,158,168.12 after reserves for sewer, capital improvements, stormwater and ARPA.
Chairman Bornmueller presented the village's May 2025 financial report and trustees voted to accept it during the June 9 meeting.
The report showed a beginning balance of $3,647,459.86, receipts of $90,591.60 and disbursements of $60,821.99, producing an ending balance of $3,677,229.47. After allocating reserves for the lateral sewer account ($25,456.71), capital improvements ($919,779.00), storm-water account ($1,097,952.60), ARPA ($112,350.00) and court funds ($2,629.81), the treasurer reported available cash of $2,158,168.12 as of May 31, 2025. Trustee Boergadine moved to accept the treasurer's report; Trustee Hollander seconded and the motion passed by voice affirmation.
The minutes record the figures presented and show the board accepted the report without amendments. Trustees did not raise additional budget changes during the meeting; questions about pending expenditures were not recorded in the minutes.
