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County staff discuss SB22 compliance report and whether to use special account or general fund
Summary
Treasurer and county officials briefed commissioners on a new comptroller compliance report tied to Senate Bill 22. Staff said calculating interest for pooled general-fund balances is complex; the comptrollers office recommended a separate special account, but no formal action was taken.
County staff and elected officials discussed how Mills County should complete a new compliance report tied to Senate Bill 22 and whether to place affected funds in a special account or leave them in the general fund.
The county treasurer (referred to as Summer in the meeting) told the court staff are still learning the new reporting requirements and that the…
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