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Board authorizes reimbursement of general fund from hospital proceeds, to solicit depository bids and moves ahead on procurement‑card policy
Summary
The board approved a transfer of $809,530 from the hospital proceeds fund back to the general fund to reimburse expenditures made while proceeds were pending; it also authorized solicitation for the county depository and approved a procurement‑card policy (procurement card separate from travel card). Board discussed current depository yields and
The board approved several finance and administrative actions intended to align cash and operating accounts and modernize purchasing controls.
County Administrator Wayne Carpenter asked the board to approve a transfer of $809,530 from Fund 126 (hospital proceeds) to Fund 001 (general fund) to reimburse prior general fund expenditures that had been paid…
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