Treasurer reports WesBanco closure, audit prep and March budget sessions
Summary
The treasurer told council that WesBanco is officially closed and the town is using a bank scanner for remote deposits; PSC reports for FY ending June 30, 2025, are complete and budget sessions will begin March 7.
The town treasurer updated the council on banking and finance matters. The treasurer reported, "WesBanco is officially closed," and said the town is using a scanner provided by the bank to process remote check deposits.
The treasurer also said PSC reports for the fiscal year ending June 30, 2025, have been completed by Bennett & Dobbins, and that financial statements will be forwarded to Ferrari and Associates for the annual audit. Budget sessions are scheduled to begin on March 7; the treasurer asked anyone interested in budget training with the West Virginia State Auditor's office to notify staff. The treasurer is also pursuing liens for past-due fire fees and noted previous meetings with WesBanco leadership about what the bank may do with its building.
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