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Scott County Visitors Commission discusses account transfers, interest and recent tax deposit
Summary
Commission members reviewed a financial report showing a $631,793.57 ending balance, questioned a $50 refund tied to a county account transfer, and directed staff to get an update about whether funds are in an interest-bearing account after a recent tax check of $26,232.74.
The Chair opened discussion of the commission’s financial report and a staff member read the figures, reporting an ending cash balance of $631,793.57. Members asked about a $50 refund; the staff member said it was a refund resulting from switching the commission’s accounts over to the county after a bill was paid twice.
Members pressed whether funds were being held in an…
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