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06.b Treasurer's Report Dec 2021-Revised
City of Scandia aug Treasurer’s Report 12/31/2021 REVISED FUND ACCOUNTING Beginning Cash Balance $ 3,852,810.01 12/1/2021 Beginning Checking Balance$ 142,576.86 Checking Receipts $ 1,193,668.42 Transfers to Checking $ 53,000.00 Total Deposits $ 1,246,668.42 Expenditures$ (419,087.67) Payroll$ (34,045.98) Total Payments $ (453,133.65) Ending Checking Balance $ 936,111.63 Beginnging Money Market Balance $ 1,698,012.31 Money Market Receipts $ 353.30 Tranfers to Checking $ (53,000.00) Ending Money Market Balance $ 1,645,365.61 Beginning Investments Balance $ 2,026,358.72 Investments Receipts $ 780.72 Ending Investments Balance$ 2,027,139.44 Beginning EDA Balance $ 27,123.67 EDA Receipts $ - EDA Expenditures $ (720.00) EDA Transfers from Checking - in transit$ 2,584.88 Ending EDA Balance$ 28,988.55 Outstanding Checks $ (71,245.65) Deposit in transit checking $ (2,584.88) 12/31/2021 Ending Cash Balance $ 4,563,774.70 CHECKING, MONEY MARKET & INVESTMENT CD's Checking *102$ 142,576.86 Beg Bal Credits$ 1,246,668.42 Debits$ (453,133.65) $ 936,111.63 End Bal Money Market *105 - Rate .25%$ 1,698,012.31 Beg Bal rate change from 1.25% Credits $ 353.30 Debits $ (53,000.00) End Bal$ 1,645,365.61 Investments CD *4422 - Rate .90% 12 mo., 3/25/2022$ 316,981.13 CD *4424 - Rate .30% 12 mo., 7/25/2022$ 440,366.36 CD *4425 - Rate .30% 12 mo., 9/28/2022$ 732,986.74 CD *4426 - Rate 1.60% 12 mo., 1/29/2022 $ 536,805.21 Total Investments$ 2,027,139.44 Total Bank & Investment Accounts $ 4,608,616.68 $ (71,245.65) Checks in Transit *3102 $ (2,584.88) Deposit in transit checking Deposit in transit money market $ 4,534,786.15 Total Adjusted Undesignated Funds Scandia EDA *6301 $ 27,123.67 Receipts $ - Expenditures $ (720.00) Checks in Transit $ 2,584.88 Deposit in Transit Total Designated EDA Funds$ 28,988.55 Total Funds$ 4,563,774.70 Submitted by: Colleen Firkus, Treasurer