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Buffalo County adopts rebate policy, creates sinking fund for capital needs
Summary
The Buffalo County Board on Aug. 12 adopted a formal rebate-procedure policy that centralizes rebate accounting in the County Clerk’s Office and created a Sinking Fund (2750) to set aside money for future capital improvements and debt reduction.
Buffalo County commissioners voted Aug. 12 to adopt a formal policy for handling rebates generated by county purchases and to create a new Sinking Fund for future capital needs.
The Board approved Resolution 2025-48 to require that vendor rebates generated by county purchases be treated as county property, designated the Buffalo County Clerk’s Office as the primary office to track rebate claims and receipts, and directed that rebates…
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