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Stephenson County committee approves $111,156.10 in claims; treasurer reports year-end dip excluding ARPA funds
Summary
At its Jan. 8 meeting the Administration & Legal Affairs Committee approved $111,156.10 in claims, reviewed the county treasurer's year-end cash and investment positions, and heard updates on property tax appeals and election deadlines.
The Stephenson County Administration & Legal Affairs Committee on Jan. 8 approved $111,156.10 in county claims and received detailed year-end finance and assessment reports.
County Treasurer reported that cash requirements totaled $107,090.38 and manual claims were $4,065.72, for a combined total of $111,156.10; the committee approved payment unanimously. The treasurer also presented the county’s year-end cash and investment summary and outlined the audit timeline.
The treasurer said the county’s cash position was down compared with November, a decline the office attributed to normal seasonal activity and to timing differences. The treasurer reported 26 active investments across 16 county funds with total December book value about $9,900,000 and maturities running through October 2025. The treasurer also said more than $5,000,000 in American Rescue Plan Act (ARPA) funds were expended in 2024 and that, excluding ARPA activity, the county’s cash balance would show an increase; the speaker characterized the ARPA-adjusted…
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