Board questions treasurer’s report after apparent PMA investment figure error
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Summary
Supervisors questioned a discrepancy in the treasurer’s report tied to PMA/Prevail investment figures; treasurer said she will work with the finance director to correct the report and requested training on pulling PMA/Prevail data.
Supervisors pressed the treasurer about a discrepancy in the monthly treasurer’s report that appeared to understate PMA investment holdings.
During the finance discussion a supervisor noted that the report listed PMA at $1,000,000 while January’s report had shown $10,000,000. The treasurer said she compiled the report after a multi‑day training absence, that she had downloaded a PMA investments document, and that she would work with Finance Director Kyle to update and correct the figure if there was an error.
The treasurer said she had limited access to PMA/Prevail reporting systems until the fourth of the month and requested training on pulling the investment documents. County staff agreed to correct the date label on the report (from November to February) and to follow up with a corrected report.
No formal action was taken; the item remained a staff follow‑up to verify and amend the published figures.