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Treasurer details CD investments, ARPA property-sale option and hazardous-waste funding correction
Summary
Franklin County Treasurer Amy Skvarowitz reported short-term certificate of deposit investments, presented options for addressing the sale of ARPA-purchased property (including a recommended administrative fee to mitigate audit risk), and corrected a household hazardous waste grant number from $22,000 to $21,000 while requesting $8,277.07 for a spring event.
Treasurer Amy Skvarowitz presented several finance items in the work session and voting session on Dec. 19.
Investments: Skvarowitz recommended allocating a matured 30-day CD and opening new short-term certificates of deposit to improve investment earnings. The court authorized opening a $6,000,000 30-day CD and two additional CDs of $3,500,000 for 60-day and six-month terms, after reviewing local bank rates and total returns.
ARPA property-sale question: The treasurer raised a…
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