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Supervisors set county treasurer bond at $150,000
Summary
The Yuma County Board of Supervisors voted to set the treasurer's required surety bond at $150,000, matching the prior bond level the board approved for the previous treasurer.
The Yuma County Board of Supervisors voted Feb. 3 to set the amount of the treasurer's required surety bond at $150,000.
County staff explained state statute gives the board discretion to set a bond with no stated minimum and a maximum not to exceed twice the amount that would come into the treasurer’s possession in a year. Staff said the prior treasurer had been bonded at $150,000 and recommended maintaining that amount for continuity.
A motion to set the bond at $150,000 was made, seconded and approved by voice vote. The board did not provide additional conditions or change the amount at this meeting.
