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Spring Grove Police Pension Board reviews $6.15M in assets, approves routine payments
Summary
At its Jan. 6 meeting the Spring Grove Police Pension Board reviewed quarterly finances showing $6,154,641.47 in total assets, approved the Treasurer's report and several vendor payments, and scheduled April elections and required trainings for trustees.
President/Secretary Dave Holem called the Spring Grove Police Pension Board to order at 9:10 a.m. on Jan. 6, 2026. Treasurer Tina Witt reported the board's financial position for Oct. 1–Dec. 31, 2025, listing checking and investment balances and the quarterly activity. "Total Assets as of December 31, 2025: $ 6,154,641.47," the Treasurer reported to trustees.
Trustees voted to approve the Treasurer's report after a motion by Trustee Scott Leschke and a second by Trustee Rich Kresen. The October–December revenue totaled $19,946.63 while expenses for the period were $145,589.75, leaving a checking account balance of $134,353.11. The board noted Schwab holdings of $70,406.88 and an IPOPIF transfer balance of $5,949,881.48, which together produced a total investment account of $6,020,288.36.
