The City of Rosston reported an upward shift in its municipal financial reserves this week, with total bank account balances climbing to $386,851.46 as of August 10, 2026. The new total reflects a steady monthly gain of $22,134.90 compared to the previous balance of $364,716.56 recorded on July 13, 2026.
Following the financial review, Mayor Samuel Quarles formally requested that the city purchase a Generac generator to support local infrastructure needs. The proposal was presented to city officials, including Recorder/Treasurer Tia Blakely, Financial Administrator Melissa Hicks, and the Rosston City Council. Council members Emily Evans, Cynthia Page, Johnny Kelly, Kathy Dillard, and Barbara Heard will review the capital request against the town’s updated account balances.
According to the latest municipal financial data, the city’s capital is distributed across two regional banking institutions to fund continuous operations, infrastructure maintenance, and emergency services. The Bank of Delight holds a substantial portion of the town’s reserves across nine specialized allocations. The city’s water revenue account leads these holdings at $75,529.10, paired with an additional $18,013.14 in meter deposits and a dedicated 5% water depreciation fund totaling $8,638.08. General operations and maintenance funds sit at $14,849.34. The city also maintains significant debt-related accounts at the institution, including a primary debt service account of $1,653.15, a secondary debt service fund holding $50,000.00, and a debt service reserve of $24,630.81. A $12,089.12 depreciation reserve and a certificate of deposit valued at $49,548.03 round out the Bank of Delight accounts.
Meanwhile, municipal assets at Farmers Bank reached a combined total of $131,900.69 across four accounts. These holdings include $20,366.45 in the general fund and a substantial street and road allocation of $51,667.39. Farmers Bank also manages a matching $49,548.03 certificate of deposit for the city alongside $10,318.82 earmarked for local fire department operations.
The city’s positive net growth over the recent four-week period was heavily bolstered by local tax distributions. General sales tax revenue brought in a healthy $6,101.51 influx for the municipality, while the fire department incentive sales tax successfully added $2,983.59 to help back regional emergency service resources.
