Get email alerts on the County Finance topic
No spam. Unsubscribe anytime.
Mackinac County authorizes $500,000 transfer from Delinquent Tax Revolving Fund to General Fund
Summary
The board approved a Delinquent Tax Revolving Fund policy and authorized Treasurer Tina Massey to move $500,000 into the General Fund, with the funds later to be restricted to a Public Improvement Fund; both measures passed unanimously.
Mackinac County commissioners on Jan. 8 approved a policy governing the management of the Delinquent Tax Revolving Fund and authorized a one‑time transfer of $500,000 from the fund to the General Fund.
Commissioner John Kling moved to adopt the DTRF policy resolution, saying the change would allow surplus DTRF funds to be used to cover emergency expenses and building improvements, creating a cushion for the county. Commissioner Daryl Schroeder seconded; the motion carried unanimously.
The board then voted to authorize Treasurer Tina Massey to transfer $500,000 from the DTRF to the General Fund and later move those funds into the restricted Public Improvement Fund. The motion passed on a unanimous roll call. Treasurer Massey and commissioners described the action as a fiscal-management step to provide flexibility for capital and emergency needs; no implementation timeline beyond the authorization was specified at the meeting.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
