Straban Parks account shows $880,292.55 after developer deposit and interest
Summary
The board approved a treasurer's report showing a Recreation Account balance of $880,292.55, including a $3,500 deposit from Straban 30 Developers, LLC — WaWa Store, and $6,044.43 in interest earned for Oct.–Nov.
The Straban Township Parks & Recreation Advisory Board approved its treasurer's report at the Dec. 15 meeting, bringing the Recreation Account to $880,292.55.
According to the report, “The beginning balance as of October 20, 2025 was $876,026.02. There were expenses totaling $5,277.90. There was interest earned in the months of October and November in the total amount of $6,044.43. There was a deposit of $3,500.00 from Straban 30 Developers, LLC – WaWa Store. The balance in the Recreation Account is currently $880,292.55.” The figures were presented as part of the Treasurer's report and the board voted to approve the report unanimously after a motion by Vice‑Chair Mike Flaherty.
The line items the board recorded include the Oct. 20 beginning balance, expenses for the period, interest income through November and the specific $3,500 developer deposit. The board did not identify additional earmarks tied to that deposit during the meeting.
Board members approved the report with a unanimous vote, satisfying the routine financial oversight required by the advisory board.
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