Audit finds 2025 finances in good order; board to transfer $85,000 into State LGIP

Treasurer Deb Munson presented the district's financial update and reported that the board decided in July to enroll in the State of Wisconsin Local Government Investment Pool (LGIP) and transfer $85,000 from the checking account. "In July, the Board of Commissioners decided to enroll in the LGIP and agreed to transfer $85,000 from the existing checking account to the LGIP," the minutes state; Munson said she expects the account will be set up and the transfer completed by the end of September 2026.

Munson also reported she worked with James A. Bradle, Tax Practitioner/Auditor of Minocqua, who reviewed the Lake District's statements and found transactions and statements "in good order as of December 31, 2025," according to the minutes. The board recorded the presentation of the audit findings during the meeting.