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Finance staff corrects accounting entries, lists weekly bills and public depositories
Summary
The county approved a set of finance housekeeping resolutions including appropriation adjustments to correct Munis accounting, transfers, revenue and expenditure adjustments, cash transfers, designation of public depositories with a $300,000,000 per-bank threshold, and weekly bills totaling $1,066,379.50.
Brett Thomas, finance, presented a package of county finance resolutions covering appropriation amendments to correct a Munis accounting error, transfers of appropriations, expenditure and revenue adjustments, cash transfers, designation of public depositories and weekly bills. Thomas said the negative appropriation changes on page two reflect an accounting issue in the Munis system; the county consulted the state auditor and will have the auditor’s office process a correcting journal entry. The board approved the package by roll call. Details Thomas provided included: the public depository designation sets a maximum of $300,000,000 per bank for county deposits; weekly bills presented for approval totaled $1,066,379.50. Thomas also said the county is closing an old IT fund and moving those funds back to the general fund because IT is now handled centrally. The transcript does not include line-by-line appropriation amounts beyond those summarized by Thomas.
