Regular Meeting (Treasurer’s Report March 2025)
Event Date: 2025-04-14
Summarized with ai model: claude-3-haiku-20240307
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Here is a 3-4 paragraph executive summary of the document:
General Fund Account Summary
The General Fund Account shows a balance of $2,634,543.32 as of March 31, 2025. The account is used for general government operations and includes several sub-accounts such as the Metro Act, Fire Operating, Liquor Law Enforcement, Library, Fire Department Donations, Fire Equipment, Harbor Operations, and Harbor Drg, Maint.& Improve.
Sinking/Savings Accounts Summary
The Sinking/Savings accounts show a total balance of $2,440,644.72 as of March 31, 2025. These accounts are used for capital projects and improvements, including the Leland Library Savings, Harbor Sinking Fund, Fire Equipment Sinking Fund, and Sewer Improvement Fund.
CD Investments Summary
The CD investments show a total balance of $4,773,820.90 as of March 31, 2025. These CDs are invested in various capital funds such as the 101 Capitol Improvement, Fire Equipment, Harbor Dredge and Improvement, and Sewer Improvement.