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Vigo County Council approves investment policy, salary and insurance appropriations; tables assessor reorganization
Summary
At a regular meeting, the Vigo County Council unanimously approved an ordinance authorizing the county treasurer to invest public funds under Indiana law and passed several salary and insurance appropriations. The council tabled a proposed assessor-office reorganization and moved other funding items forward.
The Vigo County Council voted unanimously to approve an ordinance authorizing the county treasurer to invest public funds under Indiana Code 5-13-9-5.7 and approved several salary- and insurance-related appropriations. The council also voted to table a personnel reorganization in the assessor’s office.
The investment ordinance authorizes the treasurer to invest county funds pursuant to Indiana Code 5-13-9-5.7. An unnamed presenter told the council that "somewhere in excess of $8,000,000 was earned on the interest from the investment to public funds during the last calendar year," and that part of those earnings were attributable to ARPA dollars. The ordinance was approved by roll call, 7-0.
The council approved a salary ordinance to restore a council-administrator position and passed the related…
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