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Treasurer’s office corrects delinquent‑tax reserve figure to $20 million

Wayne County Commission · December 19, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Chief Deputy Treasurer Jeanviere Adams told commissioners a typographical error misstated the delinquent tax revolving fund reserve as $25 million; the correct reserve amount is $20 million and staff will correct the transmittal letter and supporting materials.

Wayne County’s Treasurer’s Office corrected a numerical error in the Ways and Means packet, telling the commission that the delinquent tax revolving fund (DTRF) reserve amount was misstated and should be $20,000,000, not $25,000,000.

Jeanviere Adams, chief deputy treasurer, said the spreadsheet analysis in the supporting documents shows…

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