Board of Directors – July 10, 2024: Treasury Account Cash Balance for Line of Credit Usage Threshold


Line chart of treasury account cash balance for the Pikes Peak Area Council of Governments
DateBalance
Dec. 31, 2024$849,047
March 31, 2024$2,593,798
January 3, 2024$1,152,728
Dec. 28, 2023$894,767
Nov. 27, 2024$687,462
Oct. 18, 2023$985,678
July 20, 2022$804,313
April 18, 2022$739,928

PPACG will draw from the line of credit when the treasury account gets below $1 million.

PPACG will payback the line of credit with funds from the treasury account when it exceeds $1 million for more than 5 business days