Riverside Township Supervisor Vera Wilt presented the township's year-end financial statements and said the general town fund increased its reserves during fiscal year 2024-25.

Wilt gave the numbers in person and pointed residents to a multi-page written report. "The total sum of general town fund accounts was $783,224.91; revenues through the year were $997,711.94; expenses were $745,732.37. That meant that we were able to increase our reserves by $251,979.57," Wilt said. She also reported that the amount of tax levied in the preceding year was $842,066.20.

The nut graf: The annual financial statement shows the township closed the fiscal year with positive net revenue in the general town fund and presented similar balances for the General Assistance Fund, which Wilt said ended the year with $379,703.36 on hand but a year-over-year decrease of $42,831.18 due to higher assistance payouts.

Supervisor Wilt described the General Assistance Fund numbers: "Revenues were $74,379.28. Expenses were $117,210.46. That fund has been in a large reserve area, so we have been very moderate in our levies for that fund." She noted the township used partnerships with charities when payments exceeded local maximums.

Township electors moved and seconded a motion to accept the supervisor's financial statement; the moderator called for a voice vote and recorded the action as accepted. No numeric roll-call tally is recorded in the transcript.

Ending: The supervisor said the township's annual audit confirmed the township was in good financial condition and highlighted upcoming capital needs for the century-old town hall building.