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Simpson County fiscal court approves account moves, budget transfers and bills
Summary
At its April 30 special session the Simpson County Fiscal Court authorized moving multiple county checking accounts to higher-yield intrabank accounts, approved several budget line-item transfers, and signed off on vendor bills and claims including several large payments.
The Simpson County Fiscal Court approved a series of financial housekeeping measures during its special-called meeting on April 30, 2024.
The court authorized moving the General, Jail, ARPA and CCPSF checking accounts at Franklin Bank & Trust into IntraFi (ICS) higher interest-bearing accounts offering a 4% interest rate and authorized any signatures necessary to effect those intrabank transfers (motion by Marty Chandler; second by Jeffrey Burr; Ayes–All).
The court also authorized moving the Road…
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