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Mason County transfers ARPA funds into general fund and invests $2.5 million in CDs
Mason County Fiscal Court · March 12, 2024
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Summary
County treasurer reported ARPA funds were reclassified to the general fund and $2.5 million of those funds were placed in certificates of deposit at Peoples Bank of Ohio; the court approved claims, financial statements and budget transfers.
Mason County’s treasurer reported that the county was instructed by the state to transfer certain ARPA funds into the general fund because the award amount fell below the state threshold for separate treatment. The treasurer said the county…
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