Township Meeting - 8/24/2026

The City of Bloomington Township Board of Trustees held a meeting on August 24, 2026, primarily focused on financial reporting and budgetary matters. The board accepted the fiscal year 2026 annual financial report presented by the lead auditor from Phillips and Associates, which showed the township ended with total assets of $3.7 million, including $285,000 restricted and $520,000 assigned for future construction projects. The township was under budget by approximately $1.67 million, largely due to contributions to social programs and conservative spending. The Cemetery Fund also reported a positive fund balance increase, attributed to completed construction projects and reduced maintenance costs. The board also reviewed the annual treasurer's report and discussed the financial impact of recent storm damage at the cemetery, noting that cleanup and repairs would be funded from reserves. No new procurement contracts or vendor selections were discussed during the meeting.