Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Okanogan County staff consider interfund loan from landfill closure reserve to cover jail HVAC and testing costs
Summary
County treasurer and solid waste managers described a potential interfund loan up to several hundred thousand dollars from landfill post‑closure reserves to pay for HVAC/geothermal repairs and pump testing at the county jail; officials discussed terms, risks and a three‑year maximum loan period but made no final loan authorization at the meeting.
Okanogan County officials discussed a potential interfund loan from the solid waste post‑closure reserve to cover urgent repairs and testing tied to the county jail's HVAC/geothermal system.
Pam Johnson, county treasurer, told the finance committee that interfund loans carry a three‑year maximum term and that the treasurer sets the interest rate; she said the county's current registered warrant/interest benchmark for April was about 6.39 percent and that the pooled investment return was roughly 4.38 percent. Nicole Moore, Public Works office manager, described the jail problem as a system that is not functioning as designed and said engineering pump tests and other diagnostic work will likely cost about $200,000, with equipment replacement estimates shown in preliminary…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
