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Treasurer reports $2.4M in tax payments; finance staff report Workday mapping fixes, bank reconciliations and first cash audits
Summary
The county treasurer reported $2.4 million collected in tax payments year‑to‑date; the finance director described progress on bank reconciliations moved in‑house, initial random cash audits with satisfactory results, Workday implementation clean‑ups and upcoming audit deliverables.
The Marathon County treasurer and finance staff briefed the committee on recent collections and finance system work.
The treasurer reported $2,400,000 collected so far, including $1,900,000 for the current tax year, $270,000 from 2013–2023 payments, $177,000 in interest and penalties, and $4,200 in tax‑deed fees. The treasurer said lottery credit settlements were sent to municipalities and school districts for the April due date and that staff are preparing entries for the August settlement.
Sam (finance director) said bank reconciliations were transferred to the finance department in March to improve monitoring of incoming payments and grant recording. Sam said the department conducted its first random cash audits with satisfactory results to reduce audit risk that previously surfaced in external audits. Draft financial statements for the 2024 audit were received last Friday and are under review; the audited comprehensive annual financial report (ACFR) remains on track for completion.
On Workday implementation, staff reported significant cleanup work to correct mapping errors and improve reporting. Sam said accounts payable and purchase‑card functionality are areas being implemented to automate manual processes; mapping issues are expected to decline as monthly closeout and reconciliations proceed.
The committee thanked finance staff for progress on timely reporting, cash controls and system implementation and noted an upcoming audit presentation will be scheduled with external auditors at the next committee cycle.
