Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Systems Treasury topic
No spam. Unsubscribe anytime.
Treasure and finance offices report $2.4 million collected year‑to‑date; Workday and cash controls progressing
Summary
Marathon County’s treasurer reported $2.4 million in tax payments collected and $177,000 in interest and penalties to date; finance staff reported progressing Workday cleanup, centralized bank reconciliations and successful initial cash audits.
The Marathon County treasurer reported the office has collected $2,400,000 in tax payments covering 2013–2023 delinquencies and the current tax year; the treasurer added that interest and penalties collected to date total $177,000 and that tax‑deed fee receipts were $4,200.
Finance updates reported by Finance Director Sam noted bank reconciliations were centralized in March to the finance department, allowing better grant recording and cash monitoring. Sam said the first random cash audits were completed with satisfactory results and that she plans to add a monthly cash report to committee materials.
On systems, staff said Workday implementation is transitioning from heavy cleanup toward routine operations: mapping errors have been corrected, account reconciliations are improving, and finance is implementing accounts‑payable functionality and purchase‑card processes to automate prior manual steps. Staff indicated they will aim for a monthly closeout cadence in the coming months to improve timeliness and reduce year‑end issues.
No formal actions were taken; committee members thanked staff for progress and requested continued updates and that finance return with the audit presentation and fund‑balance memo at the next meeting.
