Sherburne County accepts treasurer’s June report showing higher interest earnings and ongoing property tax collection activity

Sherburne County’s treasurer presented the monthly financial packet and commissioners accepted the audit of the treasurer’s monthly report for June.

Lorraine (auditor‑treasurer) told the board the packet included the May trial balance, which lists ARPA funds of $1,808,514.51 and the recorder’s compliance fund of $259,573. She said investment earnings were above budget by more than $550,000 and reported interest earnings year to date at about $1,550,625 (compared with roughly $1,000,003 last year).

Lorraine reported property‑tax collection activity: on June 4 her office mailed courtesy late notices to 1,543 parcels (about 3.8% of mailed parcels) for first‑half real‑estate taxes that remained unpaid at that time. She described the process of matching payments, reviewing postmarks and working with banks to correct remittance files where necessary. She also said portions of property‑tax settlement funds had been distributed to school districts and cities, with final settlement entries to appear in the July packet.

The auditors’ report and investment report were received and accepted by motion of the board. Lorraine also provided a preliminary county population estimate for 2024 as 103,059, an increase of 0.83% from 2023.