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Fulton County approves $205,405.27 in payables, reviews Krivak Trust gains and OKs $270,000 NTIA payment
Summary
Commissioners approved $205,405.27 in accounts payable, received a Krivak Trust accounts portfolio review reporting $161,000 in gains since management began, and authorized a $270,000 NTIA Project contribution payment to Huntingdon County.
At its Feb. 24 meeting the Fulton County Board of Commissioners approved Accounts Payable totaling $205,405.27 across multiple funds and received a portfolio review of the county’s Krivak Trust accounts from John Schriever of Sideling Hill Financial.
The fund-level breakdown presented in county minutes showed $118,593.19 from the General Fund and additional amounts across Liquid Fuels, grant funds, medical assistance transportation and debt service. Commissioners recorded a motion by Commissioner Hervey P. Hann approving the payables; the vote was unanimous.
Separately, financial advisor John Schriever reported that the two Krivak Trust Accounts have earned $161,000.00 since he began managing them; commissioners acknowledged the review. The board also approved an invoice from Huntingdon County for the remainder of the NTIA Project contribution in the amount of $270,000.00 (after a prior $90,000.00 payment), authorizing county payment.
