April financial draft 2, 2027 budget, 5-month CD info

[Teresa Marshall]

Good morning,

Several items for you to look over before our May meeting on the 27th:

• Attached is draft 2 of the April financial report.  Line 40 now has the cash on hand for CMRC.  No other updates were made.
• Also attached is 2027 budget prep table.  As you know, this is tentative, but wanted to get a start since we will not be meeting in June.  I'm sure this will be on the agenda for our May meeting.
• As of yesterday, here's options for our 5-month CD that matures on the 22) 1) roll over to a 6-month CD at 3.65% (basically the same % except for one more month, 2)  ) 14-month CD at 2.90% or we could wait until  Tuesday, May 26^th (bank is closed on 25th) and I can find out the percentage of continuing a 5-month CD.  We have 10 days after the 22^nd to make a decision.  If no decision is made, the CD will automatically roll over to a 5-month CD again at the current %.  We do not know if that % will be higher of lower than what the 6-month CD is.

Let me know if you have any questions.

Teresa