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Freestone County commissioners approve budget transfers; treasurer delivers quarterly investment snapshot
Summary
The court approved a budget transfer and amendments and voted to pay county bills. The county investment officer presented a Q2 investment snapshot — CDs totaling $7,000,060.54, year-to-date CD interest of $129,799.15, ARPA funds held in investment pools at $356,414.57, and a reported total pools portfolio balance of $9,128,217.37 — and noted some figures in the transcript require confirmation.
Freestone County commissioners voted to accept a budget transfer and amendments and approved payment of county bills, the presiding officer announced following motions and seconds recorded on the floor.
The county's investment officer provided the quarterly (Q2) snapshot for January–March. He reported the county holds certificates of deposit with a total balance of $7,000,060.54 and that interest earned year to date on those CDs was $129,799.15. He told the court ARPA funds remain in investment pools with a reported balance of $356,414.57 and stated a total pools portfolio balance that was recorded in the transcript as $9,128,217.37 with year-to-date interest on the pools of $229,383.92.
The speaker spoke figures quickly and portions of the oral record appear garbled in places; the court did not read a numeric exhibit into the record during this item. Staff and commissioners accepted the financial report on the record and proceeded with routine business.
Next steps: County staff should place the full Q2 investment report and any supporting exhibits in the public record for verification. The transcript contains several long numeric strings that could reflect spoken transcription errors; officials should confirm the balances and interest figures before publication or budgetary decisions.
