At their October meeting, the Chariton Water Board held discussion on renewing a CD at Great Western Bank in Chariton. The renewal was due Oct. 26, 2021.

It was stated that two banks offered a rate of .40 percent and the other two banks offered a rate of .05 percent.

After the discussion, the board approved to take the CD and put it in a money market account at Midwest Heritage Bank in Chariton at the rate of .20 percent and see if rates improve.

“We don’t know what the economy is going to do or if interest rates will go up or not, so we put the CD into a money market account,” Board Chairman Evelyn Hull told the newspaper after the meeting.

The board also held a discussion and took action on hiring someone to take minutes for the monthly water board meetings.

Chariton Water Superintendent Brad Robbins said the position would be for once a month and would require a total of 4-8 hours of work per month.

“It’s a lot of work to take minutes for the meetings and to make sure everything is accurate,” Hull said.

Robbins said he could put an ad in the newspaper stating what the board wants for the minute taking position.

Following the discussion, the board approved a motion for Robbins to advertise in the Chariton Newspapers for a person to take minutes at the monthly water board meetings.

No person wished to speak during the public input section of the meeting.

During the any past business to be brought before the board portion of the meeting, Robbins said he was waiting on bids for repairs on the water salesman building and the water office. He will have the bids by the November board meeting and the board will discuss the bids at the meeting.

The board approved the monthly report of operations and the monthly bills. The Chariton Water Department was in the black financially for both the month of September and the year to date. The board didn’t have any questions on the bills this time.

For September, the Water Department had revenue of $276,105.05 and expenses of $208,442.43, for a positive variance of $67,662.62. For the Year to Date the Water Department had revenue of $807,185.96 and expenses of $642,907.31 for a positive variance of $164,278.65.