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Cowlitz County treasurer outlines three funds, flags interest gains and staffing changes
Summary
County finance staff reviewed the treasurer’s general, operations & maintenance, and investment funds, citing unbooked year-end interest and a fair-market-value adjustment likely to boost revenues and a planned personnel move into the investment fund in 2026.
Sean, finance director, briefed the board on the treasurer’s office budget and three funds: the general fund, the treasurer operations & maintenance fund, and the investment pool. He told commissioners the office had “brought about 2.1 of 2.3” (tax collections) and expects roughly $140,000 more in accruals that will align revenues with expectations.
Treasury staff explained that year-end interest earnings and a fair-market-value adjustment are material to the general fund. Staff said a previously unbooked final interest earning will add about $150,000, and that the fair-market-value adjustment was about $404,000…
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