Council Representative: Larry Heinrich
Committee Members: Tricia Allen, Jana Klusman, Lyle Petersen, Keith Waterbury
Endowment Fund Report
The Endowment Fund continued to be entrusted with Raymond James Financial. Last year’s ending balance was $18,672.21. The balance as of December 31, 2021 was $20,229.79 for a gain of $1557.58 or 8.54%. The Council voted to close Endowment Fund account at South Central Bank and transfer the funds to the general fund because of service charges on the inactive account.
Larry Heinrich, Council Representative
