Treasurer Donnelly has been with district 1 1/2 now. when he came in July of 2024, I don't think he wants to know or admit that the taxpayers have already been gouged from unvoted property tax bills. Because they just kept taking these excess since 2020 he has all this cash to invest while it sits in the coffers. Then he says
minute Investment summary - $10.5 million expected to be earned; FY2019 to 2024 earned $1.7 M; FY2025 earned $1.8 M; FY2026 to 2029 projects another $7 M
"no taxpayer in this district had to pay for it, it's is just good cash management."
little bit of work that go into it but he is "very proud that we have a $10.5 M discount".
35 min bank reconciliation statement
5 yr forecast training - he shows the excess...