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Treasurer outlines personnel reallocation, foreclosure collections and new investment pool charges
Summary
Treasurer Deborah Gardner described proposed combo‑code and personnel changes that would shift portions of payroll into specialized funds, outlined recent improvements in delinquent personal property collections, and described the county’s investment pool and its SymPro software and adviser costs.
Deborah Gardner, Caltech County treasurer, presented proposed budget adjustments that would shift portions of payroll and IT allocations across three funds the treasurer manages and described steps the office has taken to reduce delinquent personal property collections. “If this gets approved in the personnel process in October… we’re looking at saving the general fund around $43,000,” Gardner said, adding that if the personnel request is approved the savings could increase to “more like $89,000”.
The treasurer’s office manages three funds in Gardner’s description: the general fund (treasurer’s general fund), the treasurer’s O&M (operations and maintenance) fund that covers direct costs arising from foreclosure and restraint on property, and a treasurer investment fund that…
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