Tipmont’s board of directors held its regular board meeting on Tuesday, Dec. 18.

All directors were present. Also attending were CEO Ron Holcomb and Attorney Jeff Helmerick. Holcomb submitted his report along with other staff member reports in writing. The year-to-date margin was $1,116,768.39. The cooperative currently has an equity rate of 42.12 percent, and 744 new services have been installed this year. The next regular meeting of the board is Tuesday, Feb. 26.