Tipmont’s board of directors held its regular board meeting via teleconference on Tuesday, June 23. All directors were present.

Also attending were CEO Ron Holcomb and Attorney Jeff Helmerick. The year-to-date electric margin was $523,904. The cooperative currently has an equity rate of 35.8%, and 246 new services have been installed this year. The next regular meeting of the board is Tuesday, Aug. 25.