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Treasurer requests $25.99 million transfer to general fund and flags rising litigation exposure
Summary
Chief deputy treasurer Jeanviere Adams asked the committee to authorize a $25,987,000 transfer from the delinquent tax revolving fund to the county general fund for FY2025–26 and said litigation reserves were increased because of ongoing cases tied to Raffaele precedents and the U.S. Supreme Court agreeing to hear Pung v. Isabella County.
Chief deputy treasurer Jeanviere Adams, appearing by Zoom, asked the Ways and Means Committee to authorize the annual declaration of a delinquent tax revolving fund surplus and transfer $25,987,000 to the county general fund for fiscal year 2025‑26. Adams said the determination was made as of Sept. 30, 2025 and that the transfer will be recorded in the FY2026 budget.
Adams told commissioners the…
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