ADRIAN — The Lenawee Land Bank’s books are clean, and its coffers are holding steady — just over $14,000 came in, and just over $2,000 went out.
Every month, the board reviews the income and expenses to make sure the Land Bank’s mission — repurposing vacant properties — is financially sound. April’s report was light, but solid.
There were no surprises, no red flags, and no major purchases.
With federal grants in play and local projects brewing, that quarter-million-dollar cushion will come in handy soon — especially as bigger moves are expected in the second half of 2025.