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Sumner County board approves $1,800 intra-department transfer after financial update
Summary
At a Sumner County meeting board members approved an $1,800 transfer between accounts and heard a financial report showing $178,000 in the LGIP and $905,000 in the volunteers' account; a $3,715 miscellaneous deposit remains under investigation.
The Sumner County board approved a motion to transfer $1,800 from account 4247 to account 4245 during their regular meeting.
A finance staff member reported the county’s Local Government Investment Pool (LGIP) balance at $178,000 and said the volunteers’ bank account held $905,000 after moving $1 million into a money-market account. The staff member said the county received about $11,000 in interest for the period — roughly $1,200 more than the prior month — and noted a $3,715 miscellaneous deposit the bank could not immediately identify and is working to resolve.
Board members moved and seconded approval of the financial report and the transfer; both measures passed by voice vote.
The transfer was described as an intra-department adjustment. No additional details about the purpose of the transfer were provided in the meeting record. The board also set a budget committee meeting for April 29 at 9:00 a.m. to continue budget work and scheduling.
The meeting adjourned after routine business was completed.
