Beecher Library Board Approves Annual Financial Report and CD Renewal
Beecher Public Library District Meeting | Nov. 2025
Article Summary: The Beecher Public Library District Board of Trustees addressed several key financial matters during its November meeting, including the approval of the annual financial report and the renewal of a six-figure certificate of deposit.
Beecher Library Board Key Points:
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Annual Report: The board reviewed and approved the 2025 Annual Financial Report.
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Asset Management: Trustees voted to renew a Certificate of Deposit (CD) valued at $116,394.55.
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Interest Rate: The CD was renewed for a one-year term at a rate of 3.57%.
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Expenditures: The board authorized the payment of outstanding bills totaling $24,081.65.
The Beecher Public Library District Board of Trustees met on Tuesday, November 18, 2025, to finalize significant financial business for the district.
During the session, the board reviewed the 2025 Annual Financial Report. Following the review, Trustee Keppler-Abbott moved to approve the document, with Trustee Beverly Wehling seconding the motion. The measure passed with a roll call vote.
In “Old Business,” the board addressed the maturity of a Certificate of Deposit. Trustee Shelia Oppenhuis made a motion to renew the CD, which is valued at $116,394.55. The renewal is for a one-year term at an interest rate of 3.57%. The motion was seconded by Trustee Powers and approved by the board.
Additionally, Trustee Shelia Oppenhuis presented the Treasurer’s Report and Financial Recap. Following a review, the board voted to approve the report.
Trustees also reviewed the library’s outstanding bills. Trustee Lance Saller moved to approve the payment of bills totaling $24,081.65. Trustee Douglas Short seconded the motion, which passed via roll call vote.
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