Regular Meeting (Treasurer’s Report)

Executive Summary:

Financial Overview
The Kasson Township Treasurer’s Report for January 2025 shows a strong financial position. The beginning balance was $846,990.62, with $275,561.27 in receipts and $44,084.57 in disbursements, resulting in a total balance of $1,078,467.32.

Checking and Tax Fund Balances
The checking account balance was $127,713.54, and the tax fund balance was $663,764.04, with an additional $280,811.01 in the tax fund. The report includes a reconciliation showing $6,178.73 in debits and credits.

Conclusion
The Kasson Township Treasurer’s Report demonstrates a well-managed financial situation, with a solid beginning balance, adequate receipts, and controlled disbursements, leading to a healthy overall balance.