Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County treasurer reports consolidated checking, $5 million in investments and recent warrants
Summary
Kennebec County treasurer reported cash and investment balances, explained the consolidated checking structure and summarized warrants and recent expenditures to commissioners.
Kennebec County’s treasurer updated commissioners Tuesday on the county’s cash and investment balances, explained how a consolidated checking account functions and listed recent warrant amounts and recipients.
The treasurer reported $1,441,800 in insured cash sweep (operating cash) and approximately $5,000,000 in separate investment cash held in a money-market account. He described the county’s consolidated checking account as a single operational account that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat