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Ada County approves $27,600 contingency payment to cover IRS arbitrage filing related to coroner bond
Ada County Board of Commissioners · November 13, 2025
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Summary
Treasury staff told commissioners that interest earned on funds tied to an October 2020 bond for the coroner—s office exceeded a small arbitrage cap, triggering IRS reporting. The board approved using contingency funds — $27,600 — to pay the tax/penalty and related calculation fees.
Ada County commissioners approved a one-time draw from contingency funds totaling $27,600 to cover IRS arbitrage reporting and related fees tied to a prior bond issue used for the coroner—s office.
Finance staff told the board the underlying bond was issued in October 2020. Because a…
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