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Douglas County treasurer outlines tax collection, investments and motor-vehicle operations
Summary
Treasurer Adam Raines described the county treasurer—s responsibilities—including tax collection and distribution, investment strategy and motor-vehicle services—highlighting $270 million in annual collections and $140 million in investments, and noted operational challenges such as space and staffing at the downtown motor-vehicle office.
Adam Raines, Douglas County treasurer, told the county commission at a work session that the treasurer—s office handles collection and distribution of major county revenues, day-to-day banking and county investments, and motor-vehicle services.
Raines said the office collects about $270,000,000 annually and distributes roughly $175,000,000 to townships, cities and school districts. "Collection of taxes, we're looking at real estate, personal property, and motor vehicles," he said. He described the county—s five major distribution dates and said January is the largest distribution month because of December collections.
On investments, Raines said the county holds about $140,000,000…
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