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Centerville TownshipWednesday, February 14, 2024

2/14/2024 - Centerville Township | Regular Meeting | Treasurer's Report

Summary

The Centerville Township Treasurer's Report as of January 31, 2024, outlines the account balances, receipts, and total financial figures for the township. The report displays a total of $528,239.58 across various accounts, including checking, savings, and certificates of deposit. Noteworthy receipts reflect diverse revenue sources, primarily from state tax and fees related to land use.

Financial Summary

- **Total Account Balances**: $424,833.72 across multiple accounts. - 4Front Credit Union Savings: $25,009.97 - Chase Tax Fund Checking: $3,041.76 - Chase HI Yield Savings: $101,828.34 - Chase Business Savings (ARPA): $91,877.73 - Chase Business Checking: $203,075.92 - **Certificates of Deposit**: - 4Front Credit Union #5221, #1 and #2: $51,702.93 each at 5.0% interest for 13 months maturing on 6/15/24. - **Total for All Accounts**: $528,239.58
  • Key Receipts:
    • State of MI Sales Tax Revenue: $24,397.00
    • John Cypher, ZA Fees (3 LUPs and 1 Land Division): $1,150.00
    • Fire/Ambulance Revenue from Treasurer K. Pleva: $89,492.99
    • Form 941 Refund from the U.S. Treasury: $954.48
    • Additional revenue and interest from accounts totaling: $44,337.40 (Fire/Ambulance and CARSAD) and $438.32 (4Front CU and Chase Bank interests).

Action Items

There are no specific action items or follow-ups mentioned in the report related to public housing, churches, or other reoccurring conflicts. The focus remains strictly on financial reporting and account balances.

Source Document

This summary was AI-generated from the official meeting record. The full source document is the authoritative version.

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