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Stevens County finance staff reports strong investment returns, flags overtime and insurance as budget pressures
Summary
County staff reported above‑average investment earnings and a multi‑year laddered portfolio, while identifying overtime for deputies and rising insurance premiums as items to watch in the 2026 budget process.
County finance staff gave a midyear budget update highlighting strong investment returns that have bolstered county finances, and identified several cost pressures the board will examine during the 2026 budget process.
Becky (county financial staff) summarized second-quarter results: year‑to‑date revenue and expense percentages were within expected ranges given timing of state aids and prepaid items. Staff noted large unrealized gains from laddered longer-term investments;…
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