Regular Meeting (Treasurer’s Report)

The document titled “FA SSON TOWNSHIP | PEASUPER. S PEP OPT” dated September 1, 20-4, provides a detailed financial summary for the township. The beginning balance is reported at $1,160,488.49. Throughout the period, disbursements totaled $375,397.75, while receipts amounted to $429,78.29. The ending balance is listed as $1,214,876.03, indicating a net increase in the township’s funds. This summary is crucial for understanding the financial health and transactions of the township over the specified period.

The document further breaks down the financial components into various categories. The bank balance is noted at $1,214,876.03, with cash on hand amounting to $127,042.81. The checking account holds $764,299.79, and the tax fund is reported at $321,654.81. Additionally, there is a debit of $1,848.57. These figures provide a comprehensive view of the township’s liquidity and asset distribution, which is essential for effective financial management and planning.

The reconciliation section of the document lists debits and receipts, though specific figures for these categories are not provided in the summary. The document also mentions CDs, checking, and tax debit, suggesting a detailed breakdown of these financial instruments is available. This information is vital for ensuring the accuracy of the financial statements and for auditing purposes. Overall, the document serves as a critical tool for township officials and stakeholders to monitor and manage the township’s financial resources effectively.