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Illinois Valley Times

Saturday, May 10, 2025

City of Peru Finance Committee met Nov. 21

City of Peru Finance Committee met Nov. 21

Here is the agenda provided by the committee:

ROLL CALL:

• PRESENTATION

• PUBLIC COMMENT

• MINUTES

o Finance Committee Minutes of November 7, 2022 

• OLD BUSINESS

o Tracy Mitchell, Finance Officer 

• Discuss/recommend $100,000 investment into Sallie Mae Bank, CD at 4.95% for 2 years (Municipal Pool) 

• Discuss/recommend $150,000 investment into Sallie Mae Bank, CD at 5% for 3 years (Utility Fund) 

o Kim Reese, Director of Human Resources 

• NEW BUSINESS

• PUBLIC COMMENT

• CLOSED SESSION

• ADJOURNMENT

https://www.peru.il.us/city-government/forms-and-documents/agendas/finance-committee-agenda/2022-fin/5869-finance-committee-agenda-11-21-22/file