Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Finance topic
No spam. Unsubscribe anytime.
Montour Board accepts August financials; approves reinvestment of two maturing CDs
Summary
The board accepted the Treasurer's Report through August 2025 showing General Fund YTD revenues of $6,955,538.68 and expenditures of $6,481,963.87, approved bills totaling $2,692,882.70, and authorized reinvestment of two maturing CDs (about $7.9M and $8.2M).
Director of Finance Anna Borsos presented the Treasurer's Report for August 2025. The packet showed General Fund year-to-date revenues of $6,955,538.68 and year-to-date expenditures of $6,481,963.87. The board recorded bills to be approved of $2,692,882.70 and bills to be ratified of $1,899,450.68, and approved the Treasurer's/Budget & Finance report by motion and roll call.
Borsos' report listed multiple First National Bank certificates of deposit, including $7,939,115.13 and $8,286,411.80. The agenda approved reinvesting two maturing CDs with First National Bank — the packet describes $7.9M for a one-year term and $8.2M for a two-year term. The board also accepted several grants and donations recorded in the packet (examples: $6,500 from Highmark Foundation for the Montour Clean Initiative; $1,500 from GBU Life for KD Quiz Participation Award/Gifted program).
