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Treasurer explains reconciliation; residents press county for clarity on school fund deficit
Summary
Treasurer Raelynn Powers told the board that May 2024 reconciliation shows roughly $100,000 in reconciling items and that closing‑entry reversals will correct an apparent negative balance reported for a pass‑through school fund; residents pressed for faster responses and suggested temporary staffing or audit follow‑up.
The county treasurer presented the monthly bank reconciliation for May 2024 and described about $100,000 in reconciling items that finance, auditors and the comptroller will research and clear as part of FY24 close. Several residents asked about a negative entry listed under account 71101…
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