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Finance committee requests three‑year rolling budget and inventory of county bank accounts after fraud concerns and incoming solar deposits
Summary
Committee asked staff for a three‑year rolling budget projection, a long‑term capital improvement plan and a department‑by‑department list of bank accounts and CDs; members cited prior frauds as the reason for greater inventory and oversight and asked for tracking of incoming solar permit deposits.
Members of the finance committee asked county staff Tuesday to prepare two new recurring products: a three‑year rolling budget projection and a longer‑term capital improvement budget. The committee also requested a department‑by‑department inventory of the county’s checking accounts and certificates of deposit, with bank name, account purpose and masked account identifiers.
Committee members said the documents will help the committee identify large expenditures and revenue trends, evaluate debt and prepare for contract renewals. Several members urged at least monthly or quarterly reporting of account balances and CD holdings;…
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