Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County finance update: cash, warrants and concerns over state recording-rate changes
Summary
County finance staff reported general fund and investment balances, presented warrants, and county registry staff warned recent state recording-rate changes and schedule timing will temporarily reduce some recording fee revenue.
County finance staff on Oct. 7 reported the county’s general fund cash balance, investment holdings and the list of warrants up for signature, and county registry staff described operational changes and short-term revenue effects tied to state recording-rate changes.
Speaker 7 reported the general fund cash balance at $785,509 placed in an insured cash sweep with Kennebec Savings Bank, $15,000,000 in an IntraFi money market account, and $2,231,714 in a managed…
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