Karl Bouvin: Township cash balance drops 55% and that's unsustainable

We’ve gone through the numbers for Greenvale. Here is what we learned. Since 2020, General Disbursements, excluding Fire and excluding Roads, have increased by 278%. This is a troubling number that is unsustainable. It is proven by the fact that our End of Year Cash balance has been dropping substantially in the last 2 years. Greenvale Township used to carry end of year cash reserves of approximately $475,000 for 2020 through 2022. In 2023, the reserves plummeted to $341,014 and in 2024 it dropped again down to $262,172. This is a decrease of 55% of the Total Cash Balance. Thank you for all your efforts.

- Karl Bouvin