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Cowlitz County reviews treasurer's funds as investment pool posts higher yields
Summary
County finance staff reviewed three treasurer's funds, noting year-end fair-market adjustments and an investment pool that now holds about $415 million with higher-than-state yields; a 2026 change will shift personnel costs from transfers into the receiving fund.
COWLITZ COUNTY — County finance staff presented a line-by-line review of the treasurer's general fund, operations-and-maintenance account and investment pool, reporting stronger-than-expected year-end accounting adjustments and an ongoing reallocation of personnel costs for 2026.
Finance Director Sean Rowe said the general fund had collected roughly $2.1 million of an expected $2.3 million in property-tax receipts and anticipates about $140,000 more in accruals. He noted a late-year interest accrual of about $150,000 and an annual fair-market-value accounting adjustment — approximately $404,000 in 2024 and expected to be similar in 2025 — that should boost reported revenues above the budgeted amounts.
Staff clarified the distinction between fines/penalties and interest:…
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