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Sandoval County treasurer reports full staffing, plans change to letter-of-credit and details bank balances
Summary
Treasurer Taylor told the Investment Committee that the treasurer’s office is fully staffed, introduced new tax researcher Angela Mento, and said the county expects to reduce its UMB Bank letter of credit from $160 million (expiring Jan. 30) to $100 million for February–March while reporting current bank balances.
Sandoval County Treasurer Taylor told the Investment Committee on the first quarterly meeting of 2026 that the treasurer’s office is now fully staffed and introduced a newly hired tax researcher, Angela Mento, who has completed new-employee orientation and is in the onboarding process.
Taylor reviewed the county’s collateral policy and a near-term change to the bank letter of credit used to fully…
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